Filled at $4.70 (JUN 450 Call) and at $17.40 (SEP 480 Call) for Total Debit of $6.70
I’m seeing more upside developing in CMG at this time.
Let’s roll over our CMG JUNE 450 Call Option to September and buy some time.
Sell the existing Option position and buy the SEP 480 strike price Call Option that expires September 21, 2018.
Liquidate existing position at the market, currently trading around $4.00, and initiate a new position.