$SMH Bull Call Spread — Cost $60, Max Profit $140

DailyOptions999
04-13 18:30

$VanEck Semiconductor ETF(SMH)$ SMH Bull Call Spread — Cost $60, Max Profit $140

Contracts

  • Sell to Open: $300 Put (Short Leg)

  • Buy to Open: $295 Put (Long Leg)

Financials

  • Credit Received: $95 per spread (premium collected)

  • Max Profit: $95 (premium collected if $VanEck Semiconductor ETF(SMH)$ stays above $300)

  • Max Loss: $405 (strike width $5 - credit $95)

Thesis

Neutral to moderately bullish on $VanEck Semiconductor ETF(SMH)$ into Oct 20 expiration. Selling short-term premium while defining downside risk. Happy to pocket the $95 credit if $SMH stays above $300, ready to defend if it doesn't.

⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • DIAMOND009
    04-13 19:57
    DIAMOND009
    Solid strategy on SMH, mate. Hope it hits max profit! [看涨]
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