Rolling our NOC call contracts to a higher strike price and January 20 expiration date.
This lets us lock in profits and also buy more time for the stock to continue higher.
- Sell (to close) our 2 NOC December 16th $480 Calls
- Buy (to open) 2 NOC January 20th $500 Calls
- Limit: Net CREDIT of $12.00 or less
- The new position will represent roughly 7.9% of our Spec Model capital
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- Executed 11:18
- SOLD 2 NOC Dec 16th $480 Calls @ $64.90
- BOT 2 NOC Jan 20th $500 Calls @ $52.90
- Net CREDIT: $12.00