Rolling our CVX call contracts to a lower strike price and July expiration date.
This lets us keep the trade in play while giving us more time before our contracts expire.
- Sell (to close) our 6 CVX June 17th $170 Calls
- Buy (to open) 6 CVX July 15th $150 Calls
- Limit: DEBIT of $17.00 or less
- The new position will represent roughly 10.0% of our Spec Model capital
- 14:12 Executed
- Sold 6 CVX June 17th $170 Calls @ $0.60
- Bot 6 CVX July 15th $150 Calls @ $16.80