Rolling our AMZN put contracts to a lower strike price.

This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.

• Sell (to close) our 10 AMZN July 15th $120 Puts
• Buy (to open) 10 AMZN July 15th $110 Puts
• Limit: CREDIT of $7.60 or more
• New position will represent roughly 9.7% of our Spec Model capital
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• 10:53 Executed
• Sold 10 AMZN July 15th $120 puts @ $18.24
• Bot 10 AMZN July 15th $110 Puts @ $10.44
• Net Credit: $7.80