Rolling our COST 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 COST May 20th* $550 Calls
• Buy (to open) the COST May 20th* $575 Calls
• Limit: CREDIT of $21.00 or more
• New position will represent roughly 7.4% of Spec Model capital.
  ~~~~~~
• 15:15 Executed
• Sold COST May 20th* $550 Calls @ $63.15
• Bot COST May 20th* $575 Calls @ $42.15
• Net Credit: $21

*An earlier version of this post had the wrong contract date listed.