Rolling our CI call contracts to a higher strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) our CI November 18th $290 Calls
- Buy (to open) 4 CI November 18th $305 Calls
- Limit: CREDIT of $12.50 or more
- New position will represent roughly 7.6% of Spec Model capital.
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- Executed 11:23
- SOLD 4 CI Nov 18 $290 Calls @ $35.96
- BOT 4 CI Nov 18 $305 Calls @ $23.06
- Net CREDIT: $12.90