Rolling our MRNA call contracts to a higher strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) the MRNA July 15th $95 Calls
- Buy (to open) the MRNA July 15th $120 Calls
- Limit: CREDIT of $21.00 or more
- New position will represent roughly 8.8% of Spec Model capital.
- 11:18 Executed
- Sold MRNA Jul 15th $95 calls @ $42.68
- Bot MRNA Jul 15th $120 calls @ $20.58
- Net Credit: $22.10