Rolling our ROKU put contracts to a lower strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the ROKU December 17th $300 Puts
- Buy (to open) the ROKU December 17th $275 Puts
- Limit: CREDIT of $19.50 or more
- New position will represent roughly 12.8% of our Spec Model Capital
- 10:53 Executed
- Sold ROKU Dec 17th $300 Puts @ $50.92
- Bot ROKU Dec 17th $275 Puts @ $30.42
- Net Credit $20.50