Rolling our AMD 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 AMD June 17th $90 Calls
- Buying (to open) the AMD June 17th $80 Calls
- Limit: DEBIT of $7.10 or less
- The new position will represent roughly 8.5% of our Spec Model capital
~~~~~~~~ - 9:46 Executed
- Sold AMD June 17th $90 Calls @ $7.12
- Bot AMD June 17th $80 Calls @ $13.87
- Net Debit: $6.75