Trade Alert 8/21/2024

We have removed the beta weighted hedge on the portfolio. It has moved against us a bit and we think it best to risk less in the position.

Sell to close:  SPY Oct 18th (monthly) 552.00 strike put
Buy to close: SPY Oct 18th (monthly) 529.00 strike put
Credit:  4.11
Loss of $1.39 per spread