Rolling our ROKU put contracts to a lower strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the ROKU February 18th $220 Puts
- Buy (to open) the ROKU February 18th $190 Puts
- Limit: CREDIT of $25.00 or more
- New position will represent roughly 5.8% of our Spec Model Capital
- 12:26 Executed
- Sold ROKU Feb 18th $220 Puts @ $59.78
- Bot ROKU Feb 18th $190 Puts @ $33.84
- Net Credit: $25.94