I am recommending we roll our expiring positions in Apple (AAPL), Advanced Micro Devices (AMD), Chewy (CHWY) and CVS Health (CVS).
AAPL Jan Monthly (1/21/22) 100/Mar Week Two (3/12) 130 Call Spread
Note: No action is needed on the AAPL Jan Monthly (1/21/22) 100 Call at this time.
Current Stock Price: $122.24
Cost Basis: $38.08
Action:
- Buy to close the AAPL Mar Week Two (3/12) 130 Call for around $0.02
- Sell to open the AAPL Mar Monthly (3/19) 125 Call for around $1.30
- Set initial credit limit at $1.28
New Cost Basis: $36.80
AMD Mar Week Two (3/12) 85 Call
Current Stock Price: $80.77
Cost Basis: $83.48
Action:
- Buy to close the AMD Mar Week Two (3/12) 85 Call for around $0.07
- Sell to open the AMD Mar Monthly (3/19) 85 Call for around $0.79
- Set initial credit limit at $0.72
New Cost Basis: $82.76
CHWY Mar Week Two (3/12) 85 Call
Current Stock Price: $85.89
Cost Basis: $88.08
Action:
- Buy to close the CHWY Mar Week Two (3/12) 85 Call for around $2.05
- Sell to open the CHWY Mar Monthly (3/19) 90 Call for around $2.10
- Set initial credit limit at $0.05
New Cost Basis: $88.03
CVS Mar Week Two (3/12) 71 Call
Current Stock Price: $72.71
Cost Basis: $70.60
Action:
- Buy to close the CVS Mar Week Two (3/12) 71 Call for around $1.77
- Sell to open the CVS Mar Monthly (3/19) 72 Call for around $1.50
- Set initial debit limit at $0.27
New Cost Basis: $70.88