Rolling our TSLA put contract to a lower strike price and April expiration date.
This lets us lock in profits while also extending the amount of time left for our position.
- Sell (to close) our TSLA March 18th $950 Put
- Buy (to open) one EXPE April 14th $840 Put
- Limit: CREDIT of $80.00 or more
- The new position will represent roughly 8.1% of our Spec Model capital
- 15:46 Executed
- Sold TSLA March 18th $950 Put @ $187.24
- Bot TSLA Apr 14th $840 Put @ $107.24
- Credit: $80.00