Rolling our FIVN 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 12 FIVN January 20th $80 Puts
- Buy (to open) 12 FIVN January 20th $70 Puts
- Limit: CREDIT of $8.00 or more
- New position will represent roughly 5.3% of our Spec Model capital
~~~~~
- Executed 10:38
- SOLD 12 FIVN Jan 20th $80 Puts @ $14.90
- BOT 12 FIVN Jan 20th $70 Puts @ $6.55
- Net CREDIT: $8.35