AAOI rollout

I thought these might go out of the money based on the action the last couple of days but today’s pullback makes that unlikely. Luckily, options on this stock roll very easily.

Rolled $AAOI Sep 15 60 puts down and out to Oct 20 55 puts for 2.00 credit.

For now I’m going to leave my 55 puts in place for tomorrow’s expiration but if there’s some more movement down I’ll roll those as well.