Rolling our NVDA put contracts to a lower strike price.
This lets us lock in profits, frees up cash for new trades, and reduces our capital at risk.
- Sell (to close) our 4 NVDA December 16th $190 Puts
- Buy (to open) 4 NVDA December 16th $170 Puts
- Limit: CREDIT of $17.70 or more
- New position will represent roughly 5.7% of our Spec Model capital
- Executed 13:19
- SOLD 4 NVDA Dec 16th $190 Puts @ $37.96
- BOT 4 NVDA Dec 16th $170 Puts @ $20.20
- Net CREDIT: $17.75