Rolling our TWLO 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 5 TWLO July 15th $105 Puts
• Buy (to open) 5 TWLO July 15th $90 Puts
• Limit: CREDIT of $12.50 or more
• New position will represent roughly 7.8% of our Spec Model capital
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• 10:48 Executed
• Sold 5 TWLO Jul 15th $105 Puts @ $28.40
• Bot 5 TWLO Jul 15th $90 Puts @ $15.70
• Net Credit: $12.70