Rolling our ENPH 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 ENPH August 19th $170 Calls
- Buy (to open) the ENPH August 19th $190 Calls
- Limit: CREDIT of $16.00 or more
- New position will represent roughly 7.6% of Spec Model capital.
- 13:56 Update
- Adjusting our limit price to $15.00 or more
- 14:02 Executed
- Sold 6 ENPH August 19th $170 Calls @ $47.18
- Bot 6 ENPH August 19th $190 Calls @ $32.08
- Net Credit: $15.10