Question about a trade

[AdriennHar]

If I open a trade with a 9.75 credit with maximum loss of $10.00 then my maximum loss is .25 cents right?

Example. Iron condor on SPX. 2680 call and 2690 call with a 2690 put and 2680 put. There is no way to make money on that trade, correct? Because no matter where the underlying moves, it's going to end with a $10.00 debit.

Here is the wrinkle. Suppose SPX moves to 2700 and you can roll the 2680 call and 2690 call into a later week/month 2680/2690 call spread for another $1.00 credit. You've already collected 9.75, plus this new dollar, you've collected a total of 10.75. If you do nothing and the spread closes at $10.00 debit, you've made 75 cents, correct?

[aeqyjhjr31]

I did some practice rolls on this and discovered you can't really roll for a credit. You're always going to be rolling for a debit.