Rolling our TSLA put contract 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 TSLA February 18th $980 Put
- Buy (to open) one TSLA February 18th $880 Put
- Limit: CREDIT of $80.00 or more
- New position will represent roughly 10.3% of our Spec Model Capital
- 9:53 Executed
- Sold TSLA Feb 18th $980 put @ $184.62
- Bot TSLA Feb 18th $880 put @ $104.62
- Net Credit: $80.00