Rolling our SPOT 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 7 SPOT December 16th $95 Puts
• Buy (to open) 7 SPOT December 16th $85 Puts
• Limit: CREDIT of $8.90 or more
• New position will represent roughly 5.4% of our Spec Model capital
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• 10:06 Executed
• Sold 7 SPOT Dec 16th $95 puts @ $20.68
• Bot 7 SPOT Dec 16th $85 Puts @ $11.58
• Net Credit: $9.10