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 November 18th $270 Puts
• Buy (to open) 3 TSLA November 18th $240 Puts
• Limit: CREDIT of $23.80 or more
• New position will represent roughly 9.2% of our Spec Model capital

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• Executed 12:20
• SOLD 3 TSLA Nov 18 $270 Puts @ $57.15
• BOT 3 TSLA Nov 18 $240 Puts @ $33.35
• Net CREDIT: $23.80