Rolling our ETSY 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 ETSY August 19th $80 Calls
- Buy (to open) the ETSY August 19th $90 Calls
- Limit: CREDIT of $8.20 or more
- New position will represent roughly 8.7% of Spec Model capital.
- 10:23 Executed
- Sold 6 ETSY August 19th $80 Calls @ $24.72
- Bot 6 ETSY August 19th $90 Calls @ $16.22
- Net Credit: $8.50