Trade Alert 8/25/2023

We have entered an order for a 1×2 call spread against our GM 100 shares owned as follows: Buy to open: GM Oct 20th (monthly) 33.00 strike call (ratio of 1) Sell to open: GM Oct 20th (monthly) 36.00 strike call (ratio of 2) Debit: 0.49 – this is a pending order and hasn’t filled yet Max risk = 0.49 or $49.00 per spread Max reward = 2.51 or $251.00 per spread We also entered into a call butterfly trade in ABBV as follows: Buy to open: ABBV Oct 20th (monthly) 150.00 strike call (ratio of 1) Sell to open: ABBV Oct 20th (monthly) 160.00 strike call (ratio of 2) Buy to open: ABBV Oct 20th (monthly) 170.00 strike call (ratio of 1) Debit: 2.10 – this order has been filled Max risk = 2.10 or $210.00 per spread Max reward = 7.90 or $790.00 per spread