Adjustment playbooks · Trader notes

The MyOptionDiary blog

Practical writing on wheel strategy management, options adjustments, and the decisions that quietly compound into long-term returns.

How to Roll Cash-Secured Puts (and when to take assignment)

The stock has dropped, your short put is at or near the money, and the right move depends almost entirely on a question that gets skipped too often — would you actually mind owning the shares at this strike? A worked ABBV example, the Greeks behind the decision, and the trap that turns wheel traders into reluctant shareholders.

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How to Roll Covered Calls for Credit (and when not to)

Your covered call went through the strike. The roll choices on your screen all look ugly. Here is how to think through the decision — with a worked NFLX example, the Greeks behind the math, and the two patterns that catch even careful traders.

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More coming
Iron Condors, calendar spreads, the wheel, and rolling philosophy

New articles weekly. Each one is a deep dive into a specific decision options traders actually face — with worked examples, Greeks math, and the practitioner reasoning behind the call.