We have one last position to manage before the weekend.

TRADE ROLL

CF Industries (CF):  103.04

CF Industries continues to benefit from the worldwide shortage in fertilizer production. Technical indicators show CF stock with more room to run. Let’s roll our put out another week for more cash.

ACTION:  Roll the CF 19 Aug 100 put to the CF 26 Aug 100 put for a net credit of around 1.05 and a 1% return.

Buy to close CF 19 Aug 100 put

Sell to open CF 26 Aug 100 put