#LongCalls #LEAPS – My first chance to work with a recovering ratio. Sold 5×10 all the way down just killing time and bringing in some premium. With the ratio the big recovery is pretty painless.

Adding one contract back on the roll to get a small credit…

Rolled 5 EWZ AUG 3 2018 34.0 Calls to 6 EWZ AUG 31 2018 35.0 Calls @ $26 net credit.