SPEC MODEL TRADE ALERT — INTU

January 24, 2022 at 11:54 am by Zach Scheidt

Rolling our INTU 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 INTU February 18th $500 Calls
Buying (to open) the TSM February 18th $475 Calls
Limit: DEBIT of $17.00 or less
The new position will represent roughly 10.0% of our Spec Model capital
~~~~~~~~
11:59 Executed
Sold INTU Feb 18th $500 Calls @ $32.66
Bot INTU Feb 18th $475 Calls @ $48.55
Net Debit: $15.89

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