Trade Alert 8/18/2023


We have closed the short puts in DELL. This was a hedge style of trade. We are at breakeven and closed the position.
Bought to close: DELL Aug 18th (monthly) 55.00 strike puts
Debit: 0.30
We closed this for breakeven at 0.30 overall.

We closed the Z bear put spread today.
Sold to close: Z Sep 15th (monthly) 55.00 strike put
Buy to close: Z Sep 15th (monthly) 45.00 strike put
Credit: 4.86
We bought this for 3.15, the result is a profit of +1.71 or +$171.00 per spread