Rolling our ZM put contracts to a lower strike price and September 16 expiration date.
This lets us buy more time for our bear trade to work out.
- Sell (to close) our 6 ZM August 19th $120 Puts
- Buy (to open) 6 ZM September 16th $115 Puts
- Limit: CREDIT of $0.25 or more
- 9:56 Executed
- Sold 6 ZM August 19th $120 Puts @ $19.62
- Bot 6 ZM September 16th $115 Puts @ $18.77
- Net Credit: $0.85