NaughtyPines

Opening (IRA): SMH August 19th 150 Short Put

Long
NASDAQ:SMH   VanEck Semiconductor ETF
... for a 1.54 credit.

Comments: Adding another unit of semiconductors here (IVR/IV 72/47) in weakness/higher IV, targeting the <16 delta strike paying around 1% of the strike price in credit in the August monthly (the weeklies aren't all that liquid). Still have the August 19th 175's on.
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