Rolling our ABNB call contracts to a higher strike price and December expiration date.
This lets us lock in profits and keep the trade in play while giving us more time before our contracts expire.
- Sell (to close) the ABNB November 19th $155 Calls
- Buy (to open) the ABNB December 17th $175 Calls
- Limit: CREDIT of $15.00 or more
- The new position will represent roughly 9.8% of our Spec Model capital
- 9:58 Executed
- Sold ABNB Nov 19th $155 Calls @ $40.94
- Bot ABNB Dec 17th $175 Calls @ $24.27
- Net Credit: $16.67