Small Account Trader PRO Alert: New SMH Trade

8/19/2022

NEW TRADE:  Laddered Iron Condor

Vaneck Semiconductor ETF (SMH): 236.40

TRADE ACTION:  OPEN the SMH 16 Sep 205 / 210 put and 16 Sep 260 /265 call iron condor for a net credit of around 0.98

BTO the SMH 16 Sep 205 put
STO the SMH 16 Sep 210 put
STO the SMH 16 Sep 260 call
BTO the SMH 16 Sep 265 call

The 50K Account is trading 3 contracts; the 10K Account is trading 1 contract.