Rolling our NVDA call contracts to a lower strike price and May expiration date.
This lets us buy new in-the-money call contracts for our bullish play while also extending the amount of time available for our trade to play out.
- Sell (to close) our 3 NVDA Apr 14th $260 Calls
- Buy (to open) 3 NVDA May 20th $240 Calls
- Limit: DEBIT of $22.70 or less
- The new position will represent roughly 11.9% of our Spec Model capital
- 9:59 Executed
- Sold 3 NVDA Apr 14th $260 Calls @ $16.87
- Bot 3 NVDA May 20th $240 Calls @ $39.57
- Net Debit: $22.70