Interactive tool

Close, roll, or hold option decision tool

Run the full decision engine below. It updates in real time, shows close-versus-hold-versus-roll math, flags missing information, and gives a printable report.

Interactive decision desk

Close, roll, or hold decision engine

Enter only what you know. The tool marks missing inputs instead of inventing prices, Greeks, probabilities, liquidity, or market data.

Transparent rulesNo live data inventedPrintable reportRoll math included

Ticker or underlying Strategy type Option format Position side Primary strike Second strike, if spread Expiration date Days to expiration Contracts Original debit or credit Original premium per share Current position value per share Current P/L, if known Underlying price Original trade thesis Is the thesis still valid? Current directional outlook Maximum possible profit Maximum possible loss Remaining profit potential Current IV condition Upcoming catalyst Bid/ask spread quality Assignment risk Portfolio exposed % Preferred profit target % Planned loss limit Willing to own or short shares? Reason for considering a roll Proposed roll new expiration Proposed roll days added New primary strike New second strike Roll debit or credit Roll amount per share Revised maximum risk

Primary result

Run the decision engine.

Confidence appears here.

Close now

Realize outcome

Hold

Keep exposure

Roll

Replace the trade

Plain-language reasoning

Important risks

Missing information

Questions before acting

Original trade

Proposed roll

Expiration timeline

Assignment-risk checklist

Download pre-exit checklist Make Options Decisions With Clearer Rules

Educational decision support only. The output depends on visitor-entered assumptions and does not know your account, broker, tax situation, live prices, margin, or personal risk tolerance.

How to read the result

The primary decision is not individualized advice. It is a deterministic educational label based on your inputs. If the result says insufficient information, the safest interpretation is that the trade has not been described clearly enough to evaluate.

Primary reading: FINRA options overview · FINRA assignment guide · OIC options basics · OIC exercising options · OCC options disclosure document · SEC Investor Bulletin on options