We did not get filled on our adjustment for PYPL on Monday. However, that has worked out nicely as we allowed the stock to pull back in price yesterday and early today. We have rolled up and out with the August expiration today.Buy to close: PYPL June 20th (monthly) 67.00 strike call
Sell to open: PYPL August 15th (monthly) 70.00 strike call
Credit: 1.50
This locks in a nice profit on the June expiration and gives us a bigger premium into the future.
