I am recommending we roll our expiring positions in Apple (AAPL), Advanced Micro Devices (AMD) and SPDR S&P Regional Banking ETF (KRE).
Our Western Digital (WDC) put is on track to expire worthless, allowing us to book the maximum profit.
AAPL Jan Monthly (1/21/22) 100/Apr Week One (4/1) 124 Call Spread
Note: No action is needed on the AAPL Jan Monthly (1/21/22) 100 Call at this time.
Current Stock Price: $123.08
Cost Basis: $35.16
Action:
- Buy to close the AAPL Apr Week One (4/1) 124 Call for around $0.09
- Sell to open the AAPL Apr Week Two (4/9) 125 Call for around $0.75
- Set initial credit limit at $0.66
New Cost Basis: $34.50
AMD Apr Week One (4/1) 79 Call
Current Stock Price: $80.31
Cost Basis: $80.93
Action:
- Buy to close the AMD Apr Week One (4/1) 79 Call for around $1.36
- Sell to open the AMD Apr Week Two (4/9) 80 Call for around $1.65
- Set initial credit limit at $0.29
New Cost Basis: $80.64
KRE Apr Week One (4/1) 66 Put
Current Stock Price: $66.28
Cash in Hand: $0.53
Action:
- Buy to close the KRE Apr Week One (4/1) 66 Put for around $0.15
- Sell to open the KRE Apr Week Two (4/9) 66 Put for around $1
- Set initial credit limit at $0.85
New Cash in Hand: $1.38
WDC Apr Week One (4/1) 64 Put
Current Stock Price: $69.51
Cash in Hand: $0.71
Action: Watch put expire worthless
Profit: $0.71, or $71 per contract