Rolling our ABNB 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 ABNB December 17th $175 Calls
- Buying (to open) the ABNB December 17th $160 Calls
- Limit: DEBIT of $10.00 or less
- The new position will represent roughly 8.4% of our Spec Model capital
- 11:24 Executed
- Sold ABNB Dec 17th $175 Calls @ $10.23
- Bot ABNB Dec 17th $160 Calls @ $20.23
- Net Debit: $10.00