Rolling our LRCX put contracts to a lower strike price.

This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.

• Sell (to close) the LRCX May 20th $570 Puts
• Buy (to open) the LRCX May 20th $520 Puts
• Limit: CREDIT of $40.00 or more
• New position will represent roughly 10.3% of our Spec Model capital
  ~~~~~~~
• 11:39 Executed
• Sold LRCX May 20th $570 Puts @ $94.62
• Bot LRCX May 20th $520 Puts @ $54.45
• Net Credit $40.17