Rolling our EXPE 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 EXPE December 17th $170 Calls
- Buying (to open) the CRWD December 17th $155 Calls
- Limit: DEBIT of $12.50 or less
- The new position will represent roughly 10.5% of our Spec Model capital
~~~~~~~~~ - 11:02 Executed
- Sold EXPE Dec 17th $170 Calls @ $11.42
- Bot EXPE Dec 17th $155 Calls @ $23.82
- Net Debit: $12.40