Trade Alert 9/20/2023

We have a new trade idea and we are taking down three (3) bearish trades. The result is a roughly breakeven in 2 of them and a profit in the 3rd. New Trade Idea in PAAS Bought 100 shares at 16.34 Sell stop-loss below at 15.52 good til canceled (gtc) order Exiting our QQQ Bear Call Spread: Buy to close: QQQ Jan 19th (monthly) 380.00 strike call Sell to close:  QQQ Jan 19th (monthly) 380.00 strike call Debit: 4.60 Entered at 4.55 credit, result is -0.05 per spread or a loss of -$5.00 total (roughly breakeven). Exiting our XLI Put Butterfly Spread: Sell to close: XLI Nov 17th (monthly) 105.00 strike put (ratio of 1) Buy to close: XLI Nov 17th (monthly) 100.00 strike put (ratio of 2) Sell to close: XLI Nov 17th (monthly) 95.00 strike put (ratio of 1) Credit: 0.75 Entered at 0.77 debit, result is -0.02 per spread or a loss of -$2.00 total (roughly breakeven). Exiting our SPY Put Butterfly Spread: Sell to close: SPY Dec 15th (monthly) 450.00 strike put (ratio of 1) Buy to close: SPY Dec 15th (monthly) 425.00 strike put (ratio of 2) Sell to close: SPY Dec 15th (monthly) 400.00 strike put (ratio of 1) Credit: 4.45 Entered at 3.50 debit, result is +0.95 per spread or a profit of +$95.00 total.