Rolling our COST 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 COST May 20th $555 Calls
- Buying (to open) the COST May 20th $525 Calls
- Limit: DEBIT of $22.00 or less
- The new position will represent roughly 12.7% of our Spec Model capital
~~~~~~~ - 10:38 Executed
- Sold COST May 20th $555 Calls @ $22.49
- Bot COST May 20th $525 Calls @ $44.49
- Net Debit: $22.00