Rolling our TLT call contracts to a higher strike price and January 20 expiration date.
This lets us lock in profits and also buy more time for bonds to continue higher.
- Sell (to close) our 15 TLT December 16th $98 Calls
- Buy (to open) 15 TLT January 20th $100 Calls
- Limit: Net CREDIT of $0.85 or more
- The new position will represent roughly 7.9% of our Spec Model capital
~~~~~
- Executed 13:32
- SOLD 15 TLT Dec 16th $98 Calls @ $8.15
- BOT 15 TLT Jan 20th $100 Calls @ $7.25
- Net CREDIT: $0.90