#LongCalls #LEAPS – After finally having time to sit down and update all my positions I’m switching into a longer term trade on this. LEAPS are reasonably priced given the weekly premium available. I closed the puts at a loss that I sold yesterday (1.00 loss). The LEAP position will be twice the size so will roll a 50 cent loss into that cost.

This is also in a different account from my SMH position to avoid some overlap.

Bought ROKU JAN 17 2020 35.0 Calls @ 10.50 (basis will be 11.00 with loss addition)

88 weeks to run so need 12.5 cents per week to cover cost…

So:

Sold ROKU MAY 18 2018 35.5 Calls @ .75