Rolling our META call contracts to a higher strike price and October 21 expiration date.
This lets us lock in profits while also buying more time for our bull trade to work out.
- Sell (to close) our 6 META September 16th $150 Calls
- Buy (to open) 6 META October 21st $155 Calls
- Limit: CREDIT of $0.20 or more
- The new position will represent roughly 11.1% of our Spec Model capital
- 14:29 Executed
- Sold 6 META Sept 16th $150 Calls @ $19.26
- Bot 6 META Oct 21st $155 Calls @ $18.91
- Net Credit: $0.35