TSM Bull Put Spread
Updated
Bull Put Spread Credit -195 +190
Jul 19th $ 116.00 2 $ 4.52 $ 111.48 $ 888.52 12.55%
Directional play on TSM, will exit before Jul 18th when earnings comes out.
Jul 19th $ 116.00 2 $ 4.52 $ 111.48 $ 888.52 12.55%
Directional play on TSM, will exit before Jul 18th when earnings comes out.
Note
This trade is now closed, I closed for $34 or 3.84% gain on capital allocated.Had to close this trade to free up capital in order to adjust my SPX position which was ITM, I moved it to be breakeven atm:
Most my capital is still in crypto my Options Account atm is a 7k account, thus for these trades you need 5k per trade.
I had 5 figures in TastyTrade, but moved that all back into Solana recently. Thus in order to save my SPX position, I needed to close out all other trades in profit.
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