Rolling our COST call contracts to a higher strike price and May expiration date.
This lets us lock in profits while also extending the amount of time left for our position.
- Sell (to close) COST Apr 14th $530 Calls
- Buy (to open) COST May 20th $550 Calls
- Limit: CREDIT of $12.00 or more
- The new position will represent roughly 5.1% of our Spec Model capital
~~~~~~~ - 11:54 Executed
- Sold COST Apr 14th $530 Calls @ $54.40
- Bot COST May 20th $550 Calls @ $40.89
- Net Credit: $13.51