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November 4, 2022
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Liability Dividend
November 4, 2022

An option-related strategy that is based on the replacement of a position by closing out one option with a near-month expiration and opening another option at the same strike price but with a far-month expiration. For example, an investor may offset one long March 100 call and buy one or more April 100 calls.

It is also known as a roll out.

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