To increase your chances of success, VIP Optionweb offers you a means of delaying your expiration. Rollover is a powerful stop loss strategy that allows you to postpone the expiry of your option. When the market disagrees with you, that is – when it looks as though your prediction is not going to be on target by the upcoming expiry date, activate Rollover with the click of a button. This gives you another opportunity to close in the money.
Nevertheless the “Rollover” tool is subject to some conditions in order to minimize your losses:
-You can only extend a losing position, if your position is winning you can’t use “Rollover”.
- You cannot extend your position more than 30 minutes.
- You cannot use “Rollover” more than once on each position.
- The “Rollover” tool can only be used in case your initial expiry time is greater than or equal to 30 minutes. For example, if you
open a position at 16:00 and choose a closing at 16.15 you will not have the possibility of use “Rollover”.
An open position at H will be extended when the closure initially selected is greater than or equal to H + 30 minutes.
If you believe that your chosen position is strong and the market will continue to move in your direction, VIP Optionweb allows you to double your investment before the expiration, that way you can double your potential profit. For example, if you bought a Call Option and after 10 minutes you think thie same trend will continue and want to invest more on the same trend, choose to double up and increase your chances of generating a double profit.It is important to note that doubling the position is taken into account the moment you click on “Apply”. This means that VIP Optionweb will open you a new position with the same trend (bullish or bearish) and the same asset as your previous position.
If you want to minimize the risks, you can close your position before expiry, under certain conditions. In order to “sell” you will need to be in the BuyMeout (Blue Zone) area on the Open Platform, that offers you the opportunity to sell. When you click on the “Sell” button, VIP Optionweb will offer you a price for the sale, the price is determined by parameters of time and rate. Whether you’re winning or losing, the decision to sell is at your own discretion.