Rolling our META 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) our 3 META July 15th $175 Calls
- Buying (to open) 3 META July 15th $150 Calls
- Limit: DEBIT of $17.80 or less
- The new position will represent roughly 8.1% of our Spec Model capital
- 12:31 Executed
- Sold 3 META July 15th $175 Calls @ $11.52
- Bot 3 META July 15 $150 Calls @ $29.24
- Net Debit: $17.72