ROLLING : SOLD -2 CALENDAR CPNG 100 17 SEP 21/20 AUG 21 45 PUT @.70 ISE
CPNG continues to stay low. Will take time for this story to play out.
So, we are giving more time to stock by rolling it out from Aug to Sep expiration for additional credit of $0.70.
Till date we have collected $5.23 in premium through multiple rolls. So the breakeven point is less than $40