Rolling our EXPE 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 EXPE December 19th $145 Calls
- Buy (to open) the EXPE December 19th $170 Calls
- Limit: CREDIT of $22.00 or more
- New position will represent roughly 7.2% of Spec Model capital.
- 9:58 Executed
- Sold EXPE Dec 19th $145 Calls @ $45.77
- Bot EXPE Dec 19th $170 Calls @ $23.17
- Net Credit $22.60