Rolling our DIS calls to a higher strike price and adding additional contracts.
This lets us lock in profits while also adding more exposure to a stock that’s working well for us.
- Selling (to close) our 7 DIS November 18th $90 Calls
- Buying (to open) 7 DIS November 18th $100 Calls
- Limit: CREDIT of $8.40 or more
ALSO
- Buying 5 additional DIS November 18th $100 Calls
- Limit $8.70
- The full position will represent roughly 8.5% of our Spec Model capital
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- Executed 14:23
- SOLD 7 DIS Nov 18th $90 Calls @ $16.78
- BOT 7 DIS Nov 18th $100 Calls @ $8.32
- Net CREDIT: $8.40
ALSO
- Executed 14:23
- BOT 5 DIS Nov 18th $100 Calls @ $8.40