Trade Alert 12/6/2023

We have closed our trade in ON as it is now moving to a new swing high. Sell to close:  ON Jan 19th (monthly) 75.00 strike put Credit:  3.75 – order filled We purchased the put for 4.92 and exited at 3.75 for a loss of -1.17 or -$117 overall. We have entered into a 1×2 call spread in BRKB against 100 of our shares as follows: Buy to open: BRKB Jan 19th (monthly) 360.00 strike call (ratio of 1) Sell to open: BRKB Jan 19th (monthly) 370.00 strike call (ratio of 2) Debit: 1.80 – order filled Max risk = 1.80 or $180.00 per spread Max reward = 8.20 or $820.00 per spread We are trying to roll-up our December covered call in DKNG as follows: Buy to close: DKNG Dec 15th (monthly) 35.00 strike call Sell to open: DKNG Dec 15th (monthly) 37.00 strike call Debit: 0.85 – pending order