Rolling our SHOP 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 SHOP February 18th $1,220 Put
- Buy (to open) the ROKU February 18th $1,120 Put
- Limit: CREDIT of $72.00 or more
- New position will represent roughly 9.5% of our Spec Model Capital
- 13:59 Executed
- Sold SHOP Feb 18th $1,220 Put @ $178.82
- Bot SHOP Feb 18th $1,120 Put @ $106.82