Roll Fee Buffer

Setting key
roll_fee_buffer
Default
$0.25

What it does

Minimum net credit required per contract after commissions to justify executing a roll. If the available roll credit is less than $0.25, the bot falls back to closing the position instead. This prevents rolling for near-zero credit: collecting $0.01 after commissions is not worth the additional complexity and duration.

When to change it

Raise to $0.50 to require more meaningful credit for a roll to proceed. The default was increased from $0.00 to $0.25 after finding that near-zero rolls are not worth the added duration.

Safe range

$0.10 (accept thin credits) to $0.75 (require meaningful credit).

Example

Short put tested. Calendar roll available for $0.18 credit net of fees. With roll_fee_buffer=$0.25, the roll is rejected and the position closes instead. A roll offering $0.30 credit proceeds.

Financial Information Disclaimer

This site provides general information about ACondor, a software tool for automating options trading strategies. Nothing on this site is investment, tax, or financial advice. Options trading involves substantial risk of loss. Past behavior of any strategy does not guarantee future results. Consult a licensed financial professional before trading options. ACondor may earn a commission from affiliate links at no extra cost to you.