Trade Alert 9/22/2023


 

We rolled down and out on our TGT short puts as follows:
Buy to close: TGT Sep 22nd (weekly) 119.00 strike put
Sell to open:  TGT Sep 29th (weekly) 117.00 strike put
Debit: 1.30We entered into a new bull put credit spread trade idea in JD.
Sell to open:  JD Jan 19th, 2024 (monthly) 30.00 strike put
Buy to open:  JD Jan 19th, 2024 (monthly) 27.50 strike put
Credit: 0.96
Max reward = 0.96 or $96.00 per spread
Max risk = 1.54 or $154.00 per spread