Rolling our GOOG 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 GOOG July 15th $2,120 Calls
- Buy (to open) the GOOG July 15th $2,220 Calls
- Limit: CREDIT of $78.00 or more
- New position will represent roughly 9.7% of Spec Model capital.
- 13:23 Executed
- Sold GOOG July 15th $2,120 Calls @ $184.55
- Bot GOOG July 15th $2,220 Calls @ $104.05
- Net Credit: $80.50