Ticker: SMH
Price: $245.51
Date: 4/28/23 12:50 pm EST
Underlying: Vaneck Semiconductor ETF

Est. Net Credit/Debit: $2905 credit

Master Portfolio Contracts: 7

Notes:  SMH stayed in range.  Let’s roll our puts for good credit!

Trade Detail:

TRADE ACTION 1: roll the 235 put
BTC 28 APR 235 put
STO 12 MAY 235 put

Price: 1.63 – 1.70 credit

 TRADE ACTION 2: roll the 250 put
BTC 28 APR 250 put
STO 12 MAY 250 put

Price: 2.20 – 2.45 credit

POSITION AFTER TRADE DETAIL:

-7 12 MAY 250 put
+7 16 JUN 250 put

-7 12 MAY 235 put
+7 16 JUN 235 put