Rolling our TSLA 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 3 TSLA January 20th $220 Puts
• Buy (to open) 3 TSLA January 20th $200 Puts
• Limit: CREDIT of $16.00 or more
• New position will represent roughly 6.3% of our Spec Model capital

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• Executed 10:56
• SOLD 3 TSLA Jan 20th $220 puts @ $45.97
• BOT 3 TSLA Jan 20th $200 puts @ $29.72
• Net CREDIT: $16.20