VanEck Semiconductor ETF
Long
Updated

Opening (IRA): SMH November 17th 125 Short Put

61
... for a 1.26 credit.

Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor exchange-traded fund. Here, I'm adding a rung at a better strike in the November monthly than what I currently have on.
Trade closed: target reached
Closed for a .63 debit (50% max). .63 ($63) profit.

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