Rolling our PANW 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 PANW May 20th $520 Calls
• Buying (to open) the COST May 20th $460 Calls
• Limit: DEBIT of $40.50 or less
• The new position will represent roughly 7.3% of our Spec Model capital
  ~~~~~~~~~
• 11:27 Executed
• Sold PANW May 20th $520 Calls @ $32.35
• Bot PANW May 20th $460 Calls @ $72.85
• Net Debit: $40.50