Lockheed Martin Diagonal Call Spread (Update)

Yesterday, following several weeks of upward movement in LMT, I rolled the 15 December 75s I had sold to January, for a net credit of $1,350, less commissions. This trade raises cash, increases my downside protection after the recent rise in stock price, and and will allow for more time decay provided that LMT stays within the 75-80 range prior to expiration.