Rolling our AMC put contracts to a lower strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the AMC November 19th $44 Puts
- Buy (to open) the AMC November 19th $39 Puts
- Limit: CREDIT of $4.00 or more
- New position will represent roughly 6.4% of our Spec Model Capital
- Executed 14:54
- Sold AMC Nov 19th $44 Puts @ $10.50
- Bot AMC Nov 19th $39 Puts @ $6.47
- Net Credit $4.03