Rolling our ENPH call contracts to a lower strike price.
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 2 ENPH October 21st $280 Calls
- Buying (to open) 2 ENPH October 21st $250 Calls
- Limit: DEBIT of $20.00 or less
- The new position will represent roughly 8.2% of our Spec Model capital
- Executed 14:27
- SOLD 2 ENPH Oct 21 $280 Calls @ $22.11
- BOT 2 ENPH Oct 21 $250 Calls @ $40.90
- Net DEBIT: $19.00