Rolling our NOC call contracts to a lower strike price and December 16 expiration date.
This lets us buy more value while also giving us more time for the stock to rebound.
- Sell (to close) our 2 NOC November 18th $500 Calls
- Buy (to open) 2 NOC December 16th $480 Calls
- Limit: Net DEBIT of $22.00 or less
- The new position will represent roughly 6.6% of our Spec Model capital
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- Executed 11:57
- SOLD 2 NOC Nov 18 $500 Calls @ $20.40
- BOT 2 NOC Dec 16 $480 Calls @ $42.40
- Net DEBIT: $22.00