Our SPY 14 Oct 385 call is only worth around a nickel. Let’s roll it out 2 weeks.
 
TRADE ROLL
 
SPDR S&P 500 ETF (SPY):  358.75
 
TRADE ACTION:  ROLL the SPY 14 Oct 385 call to the SPY 28 Oct 385 call for a net credit of around 1.20
BTC the SPY 14 Oct 385 call
STO the SPY 28 Oct 385 call
 
The 50K portfolio is trading 3 contracts; the 10K portfolio is trading 1 contract.