The Portfolio Armor Substack

The Portfolio Armor Substack

Order Text

Trade Entry Instructions — September 11th, 2026 — Fourth Trade

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Portfolio Armor
Sep 11, 2026
∙ Paid

NetApp (NTAP)

Enter these legs together as one complex order:

1. Buy to open 1 NTAP March 19, 2027 $210 call,

2. Sell to open 1 NTAP March 19, 2027 $230 call,

3. Sell to open 1 NTAP March 19, 2027 $145 put,

4. Buy to open 1 NTAP March 19, 2027 $140 put,

Maximum net debit: $2.80

Order: Day

Maximum gain: $1,720

Maximum loss: $780

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