Rolling our TSLA put contracts to a higher strike price and October 21 expiration date.
This lets us buy more time for our bear trade to work out.
- Sell (to close) our 3 TSLA September 16th $300 Puts
- Buy (to open) 3 TSLA October 21st $330 Puts
- Limit: Net DEBIT of $31.40 or less
- The new position will represent roughly 10.8% of our Spec Model capital
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- 14:27 Executed
- SOLD 3 TSLA Sep 16 $300 Puts @ $4.44
- BOT 3 TSLA Oct 21 $330 Puts @ $35.84
- Net Debit: $31.40