Rolling our MRNA 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 4 MRNA July 15th $120 Calls
- Buying (to open) 4 MRNA July 15th $95 Calls
- Limit: DEBIT of $17.50 or less
- The new position will represent roughly 10.8% of our Spec Model capital
- 10:22 Executed
- Sold 4 MRNA Jul 15th $120 Calls @ $9.64
- Bot 4 MRNA Jul 15th $95 Calls @ $26.44
- Net Debit: $16.80