Trade Alert 1/18/2024

Draftkings (DKNG) gapped higher today. We own the 38/43 call spread as part of our original risk reversal. We have a pending order to sell the 38 strike call for a little bit of value and the 43 calls are set to expire OTM and should need no adjustments. Sell to close: DKNG Jan 19th (monthly) 38.00 strike call Credit: 0.43 – order has not filled yet We have already rolled 1 of our 2 covered calls in Z. Today we have rolled the other up and out. Buy to close: Z Jan 19th (monthly) 50.00 strike call Sell to open: Z Feb 16th (monthly) 52.50 strike call Credit: 0.55 – this order has filled We have already rolled 1 of our 2 covered calls in DELL. Today we have rolled the other up and out. Buy to close: DELL Jan 19th (monthly) 70.00 strike call Sell to open: DELL Feb 16th (monthly) 75.00 strike call Debit: 3.90 – this order has filled