Rolling our TSLA call contracts to a higher strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the TSLA November 19th $780 Calls
- Buy (to open) the TSLA November 19th $820 Calls
- Limit: CREDIT of $33.50 or more
- New position will represent roughly 12.4% of Spec Model capital.
- 13:24 Executed
- Sold TSLA Nov 19th $780 Calls @ 104.82
- Bot TSLA Nov 19th $820 Calls @ $71.32
- Net Credit: $33.50