Rolling our META calls to a lower strike price and adding additional contracts.
This lets us buy more intrinsic value at a discount, and sets us up for better profits when shares move in our favor.
- Selling (to close) our 3 META September 16th $160 Calls
- Buying (to open) 3 META September 16th $150 Calls
- Limit: DEBIT of $6.70 or less
~~~~~~~ - 14:51 Executed
- Sold 3 META Sept. 16th $160 Calls @ $8.04
- Bot 3 META Sept. 16th $150 Calls @ $14.59
- Net Debit: $6.55
ALSO
- Buying 3 additional META September 16th $150 Calls
- Limit $15.00
- The full position will represent roughly 7.2% of our Spec Model capital
~~~~~~~ - 14:51 Executed
- Bot 3 META Sept. 16th $150 Calls @ $14.63