I have a quick question about rolling naked puts.
Many traders recommend rolling a put as soon as it gets ATM or slightly ITM. Especially, if it is close to expiration date. Would the same rolling recommendation apply to a put that has 1-2 months to expiration and gets ATM or ITM?
For example, I have UPS Mar 16 $110 put. The stock is at $109.28.
In a normal market, I would probably wait for a while, but in this market, it is easy to get deep ITM.
Rolling out and down would be simple right now.
What is your opinion on this?