Alert: Trade Open – SMH

Ticker: SMH
Price: $151.03
Date: 7/7/23 2:25 pm EST
Underlying: Vaneck Semiconductor ETF

Est. Net Credit/Debit: $1250 – $1300 debit

Master Portfolio Contracts: 10

Notes: 

TRADE ACTION 1: Open a credit spread for credit of around 0.76

STO 28 JUL 145 put
BTO 28 JUL 140 put


TRADE ACTION 2:  Open a diagonal for a debit of around 1.98

BTO 4 AUG 148 call
STO 28 JUL 150 call

 

POSITION AFTER TRADE DETAIL:

-10 28 JUL 145 put
+10 28 JUL 140 put

+10 4 AUG 148 call
-10 28 JUL 150 call