Rolling our NVDA call contracts to a lower strike price.
This lets us buy more intrinsic value at a discount, and sets us up for better profits when shares move in our favor.
- Selling (to close) the NVDA May 20th $240 Calls
- Buying (to open) the NVDA May 20th $220 Calls
- Limit: DEBIT of $13.80 or less
- The new position will represent roughly 10.9% of our Spec Model capital
~~~~~~~ - 10:26 Executed
- Sold NVDA May 20th $240 Calls @ $21.16
- Bot NVDA May 20th $220 Calls @ $34.36
- Net Debit: $13.20