Rolling our ROKU put contracts to a lower strike price and January expiration date.
This lets us lock in profits and keep the trade in play while giving us more time before our contracts expire.
- Sell (to close) the ROKU December 17th $255 Puts
- Buy (to open) the ROKU January 21st $230 Puts
- Limit: CREDIT of $14.00 or more
- The new position will represent roughly 9.7% of our Spec Model capital
- 10:08 Executed
- Sold ROKU Dec 17th $255 Puts @ $44.34
- Bot ROKU Jan 21st $230 Puts @ $29.54
- Net Credit: $14.80