I am recommending we roll our Best Buy (BBY), D.R. Horton (DHI), SPDR S&P Biotech ETF (XBI) and Yeti Holdings (YETI) calls.
BBY Feb Week Two (2/11) 100 Call
Current Stock Price: $101.51
Cost Basis: $105.61
Action:
- Buy to close the BBY Feb Week Two (2/11) 100 Call for around $2.06
- Sell to open the BBY Feb Monthly (2/18) 101 Call for around $2.41
- Set initial credit limit at $0.35, but adjust as needed to roll today
New Cost Basis: $105.26
DHI Feb Week Two (2/11) 91 Call
Current Stock Price: $87.50
Cost Basis: $101.67
Action:
- Buy to close the DHI Feb Week Two (2/11) 91 Call for around $0.08
- Sell to open the DHI Feb Monthly (2/18) 90 Call for around $0.91
- Set initial credit limit at $0.83, but adjust as needed to roll today
New Cost Basis: $100.84
XBI Feb Week Two (2/11) 95 Call
Current Stock Price: $97.52
Cost Basis: $106.89
Action:
- Buy to close the XBI Feb Week Two (2/11) 95 Call for around $2.95
- Sell to open the XBI Feb Monthly (2/18) 97 Call for around $2.86
- Set initial debit limit at $0.09, but adjust as needed to roll today
New Cost Basis: $106.98
YETI Feb Week Two (2/11) 66 Call
Current Stock Price: $68.99
Cost Basis: $90.24
Action:
- Buy to close the YETI Feb Week Two (2/11) 66 Call for around $3.15
- Sell to open the YETI Feb Monthly (2/18) 70 Call for around $3.10
- Set initial debit limit at $0.05, but adjust as needed to roll today
New Cost Basis: $90.29