On July 13th TheOptionPlayer.com executed the Semiconductor Index ETF (NYSE: SMH) August 17th expiration (35-day) option strategy. Today we closed out this trade for an approx. 40% profit. Login in as a Premium Subscriber to view data/images
As confirmed in the chart below, the Semiconductor Index ETF has been confined to a trading range the past few weeks and may not reach our target price. The options expire next week and we decided to exit the position to lock the available profit.
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