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 October 21st $330 Puts
- Buy (to open) 3 TSLA October 21st $300 Puts
- Limit: CREDIT of $24.00 or more
- New position will represent roughly 9.3% of our Spec Model capital
- Executed 13:57
- SOLD 3 TSLA Oct 21 $330 Puts @ $56.58
- BOT 3 TSLA Oct 21 $300 Puts @ $32.58
- Net CREDIT: $24.00