NEW TRADE

Vaneck Semiconductor ETF (SMH): 210.50

TRADE ACTION: OPEN the SMH 30 Sep 180 /185 put and 235 /240 call iron condor for a net credit of around 1.05 – 1.08

BTO the SMH 30 Sep 180 put
STO the SMH 30 Sep 185 put
STO the SMH 30 Sep 235 call
BTO the SMH 30 Sep 240 call

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