SPEC MODEL TRADE ALERT — ILMN

February 14, 2022 at 10:44 am by Zach Scheidt

Rolling our ILMN 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 ILMN March 18th $380 Puts
Buy (to open) one ILMN March 18th $350 Puts
Limit: CREDIT of $24.00 or more
New position will represent roughly 8.0% of our Spec Model Capital
~~~~~~~~
11:03 Executed
Sold ILMN March 18th $380 Puts @ $55.61
Bot ILMN March 18th $350 Puts @ $31.61
Net Credit $24.00

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