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 8 NVDA January 20th $170 Puts
- Buy (to open) 8 NVDA January 20th $155 Puts
- Limit: CREDIT of $11.50 or more
- New position will represent roughly 6.9% of our Spec Model capital
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- Executed 11:16
- SOLD 8 NVDA Jan 20th $170 Puts @ $25.63
- BOT 8 NVDA Jan 20th $155 Puts @ $13.95
- Net CREDIT: $11.65