Rolling our COP call contracts to a higher strike price and December 16 expiration date.

This lets us lock in profits while also giving us more time for the stock to continue higher.

• Sell (to close) our 8 COP November 18th $120 Calls
• Buy (to open) 8 COP December 16th $125 Puts
• Limit: Net CREDIT of $1.60 or more
• The new position will represent roughly 7.1% of our Spec Model capital

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• Executed 11:54
• SOLD 8 COP Nov 18th $120 Calls @ $12.83
• BOT 8 COP Dec 16th $125 Puts @ $11.13
• Net CREDIT: $1.70