Rolling our SPOT 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 SPOT March 18th $190 Puts
• Buy (to open) the SPOT March 18th $170 Puts
• Limit: CREDIT of $17.00 or more
• New position will represent roughly 6.0% of our Spec Model Capital
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• 15:38 Executed
• Sold SPOT March 18th $190 Puts @ $38.80
• Bot SPOT March 18th $170 Puts @ $21.37
• Net Credit: $17.43