
Rolling our AMZN 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 6 AMZN September 16th $135 Puts
- Buy (to open) 6 AMZN October 21st $140 Puts
- Limit: Net DEBIT of $6.90 or less
- The new position will represent roughly 8.2% of our Spec Model capital
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- Executed 12:16
- SOLD 6 AMZN Oct 21 $135 Puts @ $5.97
- BOT 6 AMZN Oct 21 $140 Puts @ $12.67
- Net DEBIT: $6.70