Rolling our CRWD call contracts to a lower strike price and December expiration date.
This lets us buy more intrinsic value and keep the trade in play, giving us more time before our contracts expire.
- Sell (to close) the CRWD November 19th $170 Calls
- Buy (to open) the CRWD December 17th $150 Calls
- Limit: DEBIT of $20.00 or less
- The new position will represent roughly 9.8% of our Spec Model capital
- 9:49 Executed
- Sold CRWD Nov 19th $170 Calls @ $11.76
- Bot CRWD Dec 17th $150 Calls @ $31.46
- Net Debit $19.70