Rolling our CVNA 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 7 CVNA September 16th $60 Puts
• Buy (to open) 7 CVNA September 16th $45 Puts
• Limit: CREDIT of $12.70 or more
• New position will represent roughly 5.9% of our Spec Model capital
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• 11:30 Executed
• Sold 7 CVNA September 16th $60 Puts @ $23.15
• Bot 7 CVNA September 16th $45 Puts @ $10.20
• Net Credit: $12.90