Rolling our COIN 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 COIN April 14th $150 Calls
- Buy (to open) the COIN April 14th $170 Calls
- Limit: CREDIT of $16.00 or more
- New position will represent roughly 6.0% of Spec Model capital.
- 15:38 Executed
- Sold COIN Apr 14th $150 Calls @ $41.22
- Bot COIN Apr 14th $170 Calls @ $24.37
- Net Credit: $16.85