Rolling Complete Ratio Spreads

<p>Normally with a Ratio Spread that isn’t working, <a href="https://youtu.be/VVvCH_KK1AA">we try to close the Long Put Vertical Spread first</a>, and then deal with the extra Short Put. </p> <p>But in the event that you can’t close that Vertical for anywhere near max value, it usually makes more sense to simply leave it on. In this case, you end up rolling the entire strategy out to the next cycle, which can <a href="https://www.tastytrade.com/tt/shows/149/episodes/56727">always be done for a credit</a> because of the extra Short Put. </p> <p></p>