IWM Russell 2000 RUT affected by the SIVB collapse! Puts to buy!

After the last RUT Russell 2000 Price Target was Perfectly reached:

Now you need to know that many of the Russell 2K companies will be impacted by the SIVB collapse.
Roughly 50% of the US venture capital-funded startups are clients of SVB , potentially putting 65,000 startups at risk of payroll disruptions. Such a situation could have significant consequences for the startup and tech sectors.

Silicon Valley Bank did business with FTX, plus many other formerly overvalued tech companies.
With $210 billion in assets, $SIBV was the 15th largest bank in the US in terms of deposits.

IWM puts considering buying:
2023-4-21 expiration date
$169 Strike Price
$3.65 Premium

Looking forward to read your opinion about it!

Trade closed: target reached

Target reached, IWM trading at $167.72 on March 24. Haven`t monitored the options, but for sure they were profitable.

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