I am recommending we roll our expiring positions in Apple (AAPL), Advanced Micro Devices (AMD), D.R. Horton (DHI) and Williams-Sonoma (WSM).
AAPL Jan Monthly (1/21/22) 100/Feb Monthly (2/19) 140 Call Spread
Note: No action is needed on our AAPL Jan Monthly (1/21/22) 100 Call at this time.
Current Stock Price: $128.07
Cost Basis: $39.95
Action:
- Buy to close the AAPL Feb Monthly (2/19) 140 Call for around $0.02
- Sell to open the AAPL Feb Week Four (2/26) 134 Call for around $0.58
- Set initial credit limit at $0.56
New Cost Basis: $39.39
AMD Feb Monthly (2/19) 91 Call
Current Stock Price: $87.68
Cost Basis: $86.58
Action:
- Buy to close the AMD Feb Monthly (2/19) 91 Call for around $0.17
- Sell to open the AMD Feb Week Four (2/26) 90 Call for around $1.35
- Set initial credit limit at $1.18
New Cost Basis: $85.40
DHI Feb Monthly (2/19) 80 Put
Current Stock Price: $78.23
Cash in Hand: $1.02
Action:
- Buy to close the DHI Feb Monthly (2/19) 80 Put for around $1.98
- Sell to open the DHI Feb Week Four (2/26) 80 Put for around $2.78
- Set initial credit limit at $0.80
New Cash in Hand: $1.82
WSM Feb Monthly (2/19) 130 Call
Current Stock Price: $124.53
Cost Basis: $124.14
Action:
- Buy to close the WSM Feb Monthly (2/19) 130 Call for around $0.30
- Sell to open the WSM Mar Monthly (3/19) 130 Call for around $5.15
- Set initial credit limit at $4.85
New Cost Basis: $119.29