Rolling our META call contracts to a higher strike price and August expiration date.
This lets us lock in some profits and keep the trade in play while giving us more time before our contracts expire.
- Sell (to close) our 3 META July 15th $135 Calls
- Buy (to open) 3 META August 19th $145 Calls
- Limit: CREDIT of $4.50 or more
- The new position will represent roughly 8.3% of our Spec Model capital
~~~~~~~ - CORRECTION – We own the August $135 Calls
- Sell (to close) our 3 META Aug 19th $135 Calls
- Buy (to open) 3 META Aug 19th $145 Calls
- Limit: CREDIT of $8.00 or more
- The new position will represent roughly $8.3% of our Spec Model capital
~~~~~~~ - 12:46 Executed
- Sold 3 META Aug 19th $135 Calls @ $39.73
- Bot 3 META Aug 19th $145 Calls @ $31.61
- Net Credit: $8.12