Rolling our LRCX 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 LRCX January 21st $630 Calls
- Buy (to open) the LRCX January 21st $680 Calls
- Limit: CREDIT of $39.50 or more
- New position will represent roughly 6.2% of Spec Model capital.
- 10:32 Executed
- Sold LRCX Jan 21st $630 Calls @ $86.60
- Bot LRCX Jan 21st $680 Calls @ $46.60
- Net Credit: $40.00