Here are the trades and trade adjustments from today’s Small Account Trader Pro Live Trading Session (07/28/23):
TRADE CLOSE
Super Micro Computer (SMCI): 332.75
TRADE: CLOSE the SMCI vertical put spread for a net debit of 0.95 (GTC order @0.95)
BTC the SMCI 18 Aug 260 put
STC the SMCI 18 Aug 250 put
Master Portfolio: 5 contracts
TRADE CLOSE
SPDR S&P Biotech ETF (XBI): 82.70
TRADE: CLOSE the XBI 11 Aug laddered iron condor for a net debit of 0.70 (GTC order @ 0.70)
BTC the XBI 11 Aug 86 call
STC the XBI 11 Aug 91 call
BTC the XBI 11 Aug 79 put
STC the XBI 11 Aug 79 put
Master Portfolio: 5 contracts
NEW TRADE
Invesco QQQ Trust ETF (QQQ): 381
TRADE: OPEN the QQQ diagonal spread for a net debit of around 2.64
BTO the QQQ 15 Sep 377 put
STO the QQQ 8 Aug 382 put
Master Portfolio: 10 contracts
NEW TRADE
SPDR S&P Biotech ETF (XBI): 83.25
TRADE: OPEN the XBI 8 Sep laddered iron condor for a net credit of around 1.57
STO the XBI 8 Sep 87 call
BTO the XBI 8 Sep 92 call
STO the XBI 8 Sep 79 put
BTO the XBI 8 Sep 74 put
Master Portfolio: 5 contracts
NEW TRADE
Russell 2000 ETF (IWM): 196.30
TRADE 1: OPEN the IWM double diagonal spread for a net debit of 0.88 to 0.90
BTO the IWM 7 Aug 196 call
BTO the IWM 7 Aug 194 put
STO the IWM 4 Aug 197 call
STO the IWM 4 Aug 194 put
Master Portfolio: 10 contracts
NEW TRADE
ASML Holdings (ASML)
TRADE: OPEN the ASML vertical put spread for a net credit of 1.00 or more (GTC order @ 1.00 or more)
STO the ASML 18 Aug 685 put
BTO the ASML 18 Aug 680 put
Master Portfolio: 5 contracts
Please join us for another Small Account Trader PRO Live Trading session next Friday (8/4/23) at 10:30 AM Eastern. The full August live trading schedule will be sent out via email on Monday.