#SyntheticStock – Using the pullback to get a little better fill on a roll up of the front month position.
Rolled AMZN DEC 15 2017 1000.0 Call to JAN 19 2018 1010.0 Call @ 1.70 debit
Picking up another 8.30 of upside with plenty of downside cushion…poor man’s trailing stop. Reduces front month premium received to 47.45. Trade runs all the way to June 2019 so 19 more roll ups to go. It’s gotta level off at some point (doesn’t it?)…