Partial Roll Forward and Down 4 Credit…

On August 16, 2021, I did a partial roll forward and roll down on a credit spreads I established at the end of July on NKLA stock. While holding 5 credit spreads on NKLA stock with expiry this Friday, and while the stock has been failing through the roof and touching my strike prices, I decided to spread the risk and not take a full assignment of 5 contracts or 500 shares, this Friday, but instead take just 3 contracts and roll forward the rest.

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