Rolling our TSLA put contracts to a lower strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) our 1 TSLA August 19th $980 Put
- Buy (to open) one TSLA August 19th $900 Put
- Limit: CREDIT of $64.50 or more
- New position will represent roughly 5.0% of our Spec Model capital
- 15:39 Executed
- Sold 1 TSLA August 19th $980 Put @ $124.08
- Bot 1 TSLA August 19th $900 Put @ $58.24
- Net Credit: $65.10