u/Pepecococo

I’d like to hear your thoughts on this. Regarding my trading style (rather conservative), my parameters for deciding whether to roll an option are as follows:

• Short put delta ≥ 0.40
• DTE ≤ 14 days
• Loss ≥ 2× premium
• Distance to strike ≤ 5%

If at least two of these four conditions are met, I roll. Does this seem reasonable to you within a conservative risk management approach?