u/tenfthigher · 18d ago1 prior · awaiting results
“$45k Puts on SMH”
$45k Puts on SMH and AMD
Author is taking a large put position on the semiconductor ETF as a bearish hedge, expecting downside movement. The metaphor of 'fire insurance for a burning house' suggests conviction that the sector is in trouble.
At post $602.14Now $570.91-5.2% since postedas of Jun 10, 4:06 PM ET
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1w-0.5%
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