Rolling our AFRM call contracts to a higher strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the AFRM January 21st $90 Calls
- Buy (to open) the AFRM January 21st $105 Calls
- Limit: CREDIT of $12.00 or more
- New position will represent roughly 10.0% of Spec Model capital.
- 12:18 Executed
- Sold AFRM Jan 21st $90 Calls @ $39.50
- Bot AFRM Jan 21st $105 Calls @ $27.45
- Net Credit: $12.05