Learn about the long jelly roll, which is an option strategy that exploits pricing differences in options to achieve arbitrage gains with varying expiration dates.

Discover how a roll forward lets traders maintain their position by closing an old options contract and opening a new one for the same asset over a longer term.

CHICAGO, Aug 20 (Reuters) - Traders have been busy rolling their bullish or bearish positions in stocks during Friday's monthly expiration of August options. Many investors are rolling positions ...