I am recommending we roll our expiring Apple (AAPL), Advanced Micro Devices (AMD) and CVS Health (CVS) calls.
AAPL Jan Monthly (1/21/22) 100/Feb Week Four (2/26) 134 Call Spread
Note: No action is needed on the AAPL Jan Monthly (1/21/22) 100 Call at this time.
Current Stock Price: $123.93
Cost Basis: $39.39
Action:
- Buy to close the AAPL Feb Week Four (2/26) 134 Call for around $0.03
- Sell to open the AAPL Mar Week Two (3/12) 130 Call for around $1.34
- Set initial credit limit at $1.31
New Cost Basis: $38.08
AMD Feb Week Four (2/26) 90 Call
Current Stock Price: $85.19
Cost Basis: $85.40
Action:
- Buy to close the AMD Feb Week Four (2/26) 90 Call for around $0.09
- Sell to open the AMD Mar Week One (3/5) 87 Call for around $1.58
- Set initial credit limit at $1.49
New Cost Basis: $83.91
CVS Feb Week Four (2/26) 73.50 Call
Current Stock Price: $70.32
Cost Basis: $71.64
Action:
- Buy to close the CVS Feb Week Four (2/26) 73.50 Call for around $0.02
- Sell to open the CVS Mar Week One (3/5) 72 Call for around $0.49
- Set initial credit limit at $0.47
New Cost Basis: $71.17