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 $90 Calls
- Buy (to open) the ETSY August 19th $105 Calls
- Limit: CREDIT of $13.00 or more
- New position will represent roughly 6.5% of Spec Model capital.
~~~~~~~~ - 10:18 Executed
- Sold 6 ETSY August 19th $90 Calls @ $26.30
- Bot 6 ETSY August 19th $105 Calls @12.69
- Net Credit: $13.50