Rolling our MRNA 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 MRNA August 19th $150 Calls
- Buy (to open) the MRNA August 19th $170 Calls
- Limit: CREDIT of $16.50 or more
- New position will represent roughly 7.4% of Spec Model capital.
- 10:59 Executed
- Sold MRNA August 19th $150 Calls @ $37.86
- Bot MRNA August 19th $170 Calls @ $20.86
- Net Credit: $17.00