TRADE ROLL
Camping World (CWH): 32.52
Camping World goes ex-dividend on 9/13 paying 0.62 per share that we want to collect. Our 26 Aug 29.50 put is worth a nickel. We can close or roll it out to almost at the money and collect a bigger premium. If it goes in the money, we can take assignment the Friday before ex-dividend.
ACTION: Roll CWH 26 Aug 29.50 put to the CWH 9 Sep 32 put for a net credit of around 0.90 to 0.95 and a 2.9% return
Buy to close CWH 26 Aug 29.50 put
Sell to open CWH 9 Sep 32 put
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