Rolling our CRWD call contracts to a lower strike price.
This lets us buy more intrinsic value at a discount, and sets us up for better profits when shares move in our favor.
- Selling (to close) the CRWD December 17th $250 Calls
- Buying (to open) the CRWD December 17th $230 Calls
- Limit: DEBIT of $15.00 or less
- The new position will represent roughly 11.4% of our Spec Model capital
~~~~~~~~ - 9:55 Executed
- Sold CRWD Dec 17th $250 Calls @ $21.66
- Bot CRWD Dec 17th $230 Calls @ $35.66
- Net Debit: $14.00