Rolling our LRCX 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 LRCX January 21st $670 Calls
- Buying (to open) the LRCX January 21st $630 Calls
- Limit: DEBIT of $28.00 or less
- The new position will represent roughly 7.7% of our Spec Model capital
~~~~~~~ - 9:46 Executed
- Sold LRCX Jan 21st $670 Calls @ $60.54
- Bot LRCX Jan 21st $630 Calls @ $34.34
- Net Debit: $26.20