Buy to close: BRKB Sep 15th (monthly) 365.00 strike calls
Sell to open: BRKB Aug 18th (monthly) 365.00 strike calls
Debit: 4.33
This will push our expiration forward to August and be a nice adjustment assuming the stock levels out here.We have rolled up our OXY covered calls as follows:
Buy to close: OXY Aug 18th (monthly) 65.00 strike calls
Sell to open: OXY Aug 18th (monthly) 67.00 strike calls
Debit: 0.63
This will push our expiration forward and be a nice adjustment assuming the stock levels out here.Our DELL covered calls have moved ITM and we will sell puts at a higher strike to improve the overall position. This is ideal if the stock pulls back but not too far. We don’t see it getting below 52.50/share by Aug 18th but if that were to happen, our overall position size would be doubled. As long as we are above 55/share, this improves our next roll-out by 0.30 per contract. Details as follows:
Sold to open: DELL Aug 18th (monthly) 55.00 strike puts
Credit: 0.30