Rolling our FB 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 FB May 20th $140 Calls
- Buy (to open) the FB May 20th $180 Calls
- Limit: CREDIT of $35.00 or more
- New position will represent roughly 6.5% of Spec Model capital.
- 9:54 Executed
- Sold FB May 20th $140 Calls @ $60.60
- Bot FB May 20th $180 Calls @ $24.30
- Net Credit: $36.30