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 3 TSLA September 16th $326.67 Puts
- Buy (to open) 3 TSLA September 16th $300 Puts
- Limit: CREDIT of $23.50 or more
- New position will represent roughly 8.7% of our Spec Model capital
~~~~~~~~ - 13:49 Executed
- Sold 3 TSLA September 16th $326.67 Puts @ $51.96
- Bot 3 TSLA September 16th $300 Puts @ $28.40
- Net Credit: $23.50