Rolling our AFRM 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 AFRM January 21st $105 Calls
- Buying (to open) the AFRM January 21st $90 Calls
- Limit: DEBIT of $9.50 or less
- The new position will represent roughly 8.0% of our Spec Model capital
~~~~~~~ - 10:34 Executed
- Sold AFRM Jan 21st $105 Calls @ $11.97
- Bot AFRM Jan 21st $90 Calls @ $20.92
- Net Debit: 8.95