Rolling our TLT 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 TLT February 18th $149 Puts
• Buy (to open) the TLT February 18th $145 Puts
• Limit: CREDIT of $3.30 or more
• New position will represent roughly 6.5% of our Spec Model Capital
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• 15:53 Executed
• Sold TLT Feb 18th $149 Puts @ $9.46
• Bot TLT Feb 18th $145 Puts @ $6.05
• Net Credit: $3.41