Trade Alert 8/15/2023


We have rolled-out and up on our DELL covered calls as follows:
Buy to close: DELL Aug 18th (monthly) 52.50 strike calls
Sell to open: DELL Sep 15th (monthly) 55.00 strike calls
Debit: 0.60

We have rolled-out our Z covered call just 1 week as follows:
Buy to close: Z Aug 18th (monthly) 55.00 strike call
Sell to open: Z Aug 25th (weekly) 55.00 strike calls
Credit: 0.60

We have closed our Target (TGT) 1×2 put spread for a little profit. We need a really big move to have our ideal gain, while possible some time has decayed and probability has taken a hit. We think it makes sense to exit for a small gain.
Sell to close: TGT Aug 18th (monthly) 125.00 strike put (ratio of 1)
Buy to close: TGT Aug 18th (monthly) 115.00 strike put (ratio of 2)
Credit: 2.20

We have closed our Disney (DIS) 1×2 put spread for a little loss. We need a really big move to have our ideal gain, while possible some time has decayed and probability has taken a hit. We think it makes sense to exit for a small loss.
Sell to close: DIS Aug 18th (monthly) 86.00 strike put (ratio of 1)
Buy to close: DIS Aug 18th (monthly) 81.00 strike put (ratio of 2)
Credit: 0.28