### Comment:
It's a very safe maneuver. I have cucked my self out of some hefty gains with it before closing out too early like a pussy, but I have never 'lost' money with it.

### REPLY:
of course i can see myself being sloppy with this but the gist would be : have calls. calls good. me want out. sell calls one strike out to more or less lock in the gain of my position. next day, if things are still going my way, close the short and keep riding the original position. if things are not going my way, close my original bet and the short and remain insulated from soul crushing agony. is that about right?

### END.