as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
what is a good price to roll a covered call?
user
an expiration 2 years out will have sqr(2) (yes the square root of 2!) times the premium of the 1 year expiration. so if the option a year out sell for $1.00, two is only $1.41.  and if the stock trades for $10, but the strike is $12, why aren't you just waiting for expiration to write the next one?
assistant