Rolling our AMD call contracts to a higher strike price and July expiration date.
This lets us lock in profits and also gives us more time for the play to continue to work out.
- Sell (to close) our 6 AMD June 17th $90 Calls
- Buy (to open) 6 AMD July 15th $95 Calls
- Limit: CREDIT of $2.10 or more
- The new position will represent roughly 9.0% of our Spec Model capital
- 9:56 Executed
- Sold 6 AMD Jun 17th $90 Calls @ $18.32
- Bot 6 AMD July 15th $95 Calls @ $16.07
- Net Credit: $2.25