How do I roll an option position?

Instructions

You can roll an option position to another strike or different expiration date using the right-click menu from a selected position.

To Roll an Option

  1. From the Positions tab of your Portfolio, right-click the option position you want to roll.

  2. Select Rollover from the right-click menu.

    The roll an option position menu.

  3. Use the Rollover wizard in the right-side Price Panel to complete the rollover.

    1. Select the new leg you want to "roll to."

    2. Click Roll Contract to open the Order Ticket. Modify parameters as needed.

    3. Submit the new order.

    The rollover wizard.

    Your original leg is closed and the new contract is opened.

 

Additional Resources

Learn About the IBKR Desktop Option Chain at IBKR Campus

Visit the IBKR Desktop Website