I am recommending we roll our expiring calls in Best Buy (BBY), D.R. Horton (DHI), Western Digital (WDC) and Yeti Holdings (YETI).
BBY Oct Monthly (10/15) 110 Call
Current Stock Price: $112.54
Cost Basis: $114.61
Action:
- Buy to close the BBY Oct Monthly (10/15) 110 Call for around $2.68
- Sell to open the BBY Oct Week Five (10/29) 112 Call for around $2.60
- Set initial debit limit at $0.08, but adjust as needed to roll today
New Cost Basis: $114.69
DHI Oct Monthly (10/15) 84 Call
Current Stock Price: $86.77
Cost Basis: $85.93
Action:
- Buy to close the DHI Oct Monthly (10/15) 84 Call for around $2.85
- Sell to open the DHI Oct Week Five (10/29) 85 Call for around $2.85
- Set initial credit limit at $0, but adjust as needed to roll today
New Cost Basis: $85.93
WDC Oct Monthly (10/15) 58 Call
Current Stock Price: $56.25
Cost Basis: $58.86
Action:
- Buy to close the WDC Oct Monthly (10/15) 58 Call for around $0.11
- Sell to open the WDC Oct Week Four (10/22) 57.50 Call for around $0.70
- Set initial credit limit at $0.59, but adjust as needed to roll today
New Cost Basis: $58.27
YETI Oct Monthly (10/15) 88 Call
Current Stock Price: $88.32
Cost Basis: $94.25
Action:
- Buy to close the YETI Oct Monthly (10/15) 88 Call for around $1.05
- Sell to open the YETI Oct Week Four (10/22) 89 Call for around $1.50
- Set initial credit limit at $0.45, but adjust as needed to roll today
New Cost Basis: $93.80