Rolling our FB call contracts to a higher strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the FB April 14th $180 Calls
- Buy (to open) the FB April 14th $200 Calls
- Limit: CREDIT of $17.50 or more
- New position will represent roughly 7.1% of Spec Model capital.
- 10:34 Executed
- Sold FB Apr 14th $180 Calls @ $38.43
- Bot FB Apr 14th $200 Calls @ $20.43
- Net Credit $18.00