Rolling our NOC 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 NOC November 18th $465 Calls
- Buying (to open) 2 NOC November 18th $430 Calls
- Limit: DEBIT of $25.50 or less
- The new position will represent roughly 9.5% of our Spec Model capital
- Executed 10:28
- SOLD 2 NOC Nov 18 $465 Calls @ $28.68
- BOT 2 NOC Nov 18 $430 Calls @ $54.68
- Net DEBIT: $26.00