Rolling our SPOT put contracts to a lower strike price and January 20th expiration date.

This lets us lock in profits and also buy more time this speculative stock to continue lower.

• Sell (to close) our 7 SPOT December 16th $85 Puts
• Buy (to open) 7 SPOT January 20th $80 Puts
• Limit: Net CREDIT of $2.50 or more
• The new position will represent roughly 4.6% of our Spec Model capital

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• Executed 14:15
• SOLD 7 SPOT Dec 16th $85 Puts @ $11.80
• BOT 7 SPOT Jan 20th $80 Puts @ $9.15
• Net CREDIT: $2.65