Rolling our TSLA put contracts to a higher strike price and July 22 expiration date.
This lets us keep the trade in play while giving us more time before our contracts expire.
- Sell (to close) our 2 TSLA July 15th $705 Puts
- Buy (to open) 2 TSLA July 22nd $800 Puts
- Limit: DEBIT of $63.00 or less
- The new position will represent roughly 13.2% of our Spec Model capital
- 12:52 Executed
- Sold 2 TSLA July 15th $705 Puts @ $9.92
- Bot 2 TSLA July 22nd $800 Puts @ $71.22
- Net Debit: $61.30