π CSP Roll Decision β Close & Re-Deploy (Same Expiration)
Decide if it's worth closing current CSP(s) and immediately selling a new CSP for the same expiration date. The new premium must cover your buy-to-close costs and ideally boost ROI on the redeployed collateral.
A) Positions to Close (Buy to Close)
Ticker
Contracts
Strike
BTC per contract ($)
Collateral / contract ($)
Total BTC ($)
Collateral Freed ($)
Delta (opt)
Total BTC Cost
$0
Total Collateral Freed
$0
Avg Delta (close)
β
Orders Γ Fees
$0
B) New CSP to Sell (Sell to Open)
Ticker
Contracts
Strike
Premium / contract ($)
Collateral / contract ($)
Total Premium ($)
Capital Used ($)
Delta (opt)
Total Premium (STO)
$0
Total Capital Used
$0
Avg Delta (open)
β
Orders Γ Fees
$0
C) Decision & ROI
Net Premium After BTC & Fees
$0
Coverage Ratio (STO Γ· BTC)
β
Days to Expiration
β
Net ROI on Capital Used
β
Annualized ROI
β
Freed vs Used Capital
β
Pass / Fail Checks
Narrative
Formulas: Total BTC = Ξ£(contracts Γ BTC/contract Γ multiplier) + close orders Γ fee Total STO Premium = Ξ£(contracts Γ premium/contract Γ multiplier) β open orders Γ fee Net = STO β BTC Coverage Ratio = STO Γ· BTC ROI = Net Γ· Capital Used Annualized (by method)
Example β OSCR / RKLB β SOFI Swap
Click to prefill the example you described (numbers rounded to nearest dollar for clarity).
