Rolling our AMD 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 AMD June 17th $80 Calls
- Buy (to open) the AMD June 17th $90 Calls
- Limit: CREDIT of $8.25 or more
- New position will represent roughly 6.6% of Spec Model capital.
- 14:29 Executed
- Sold AMD Jun 17th $80 Calls @ $20.61
- Bot AMD Jun 17th $90 Calls @ $12.26
- Net Credit: $8.35