I recommended rolling our Crocs (CROX), D.R. Horton (DHI) and Yeti Holdings (YETI) calls down yesterday while keeping the same expiration date. The goal was to generate one more slug of cash before being called out of our shares.
We are on track to be called out, and I plan to initiate recovery positions in these names soon.
CROX Mar Monthly (3/18) 75 Call
Current Stock Price: $82.18
Cost Basis: $139.75
Action: Allow shares to be called away
Net Debit: $64.75
DHI Mar Monthly (3/18) 81 Call
Current Stock Price: $83.71
Cost Basis: $97.54
Action: Allow shares to be called away
Net Debit: $16.54
YETI Mar Monthly (3/18) 60 Call
Current Stock Price: $61.40
Cost Basis: $85.77
Action: Allow shares to be called away
Net Debit: $25.77