Acorn Update: SOXX Calendar Straddle
Roll 2 on our FOMO hedge in the semiconductor sector.
As mentioned in the Monday Morning Notes, we need to roll our SOXX 0.00%↑ trade again. The semis (led by Nvidia) continue to power ahead.
We are sticking with the April 19th and September 20th expiries and moving the strikes as follows:
Call strike moves up from $650 to $710
Put strike moves up from $540 to $570
We book a further pr…