Trade is going great, what I’m going to do now is reduce my risk by ROLLING the calls to a higher strike.
This will take more cash off the table but still leave me with long deltas in AAPL.
Sell to close Feb 105 Call @10.10
Buy to open FEb 115 calls @4.00
Net credit: 6.10
I’m also moving the stop up to 110.75, which is just under the late-morning pivot from yesterday.
