ASML - Chips feel the DIP

When the Globes largest Semiconductor FAB, dumps 4% in one day...

It might be a warning sign of Price action ahead.

We continue to position into a Put Calendar Spread for the SMH
from 240 - 270.

We will begin to acquire 400 Puts within November 19 through
December 17 Time Range.

We believe there is an opportunity beginning today and are acting
on what we see as the potential for downside to the 231 Level.