Your first trade for Wednesday, October 23

VIDEO1:0601:06
Final Trades: SMH, SLB and more

The "Fast Money" traders shared their first moves for the market open.

Dan Nathan was a seller of the VanEck Vectors Semiconductor ETF.

Karen Finerman was a seller of Bank of America.

Steve Grasso was a buyer of Snapchat

Guy Adami was a buyer of Schlumberger.

Disclosure

Trader disclosure: Dan is Long TLT Dec call spread. XLP Nov put spread. SMH Nov put spread. Karen Finerman's firm is long ANTM, C, CBS, CPRI, FB, FDX, FL, FNAC, GOOG, GOOGL, GLNG, GMLP, HD, JPM, LYV, REZI, RRGB, SPY puts, SPY put spreads, TBT, TGT, URI, WIFI. Her firm is short HYG, IWM, LQD. Her firm is short TGT calls. Karen Finerman is long AAL, AYR/CN BAC, BOT Bitcoin, Bitcoin Cash, Ethereum, C, CAT, CBS, CPRI, DAL, DVYE, DXJ, EEM, EPI, EWW, EWZ, DVYE, FB, FL, GM, GMLP, GLNG, GOOG, GOOGL, JPM, LOW, LYV, KFL, MA, MTW, REAL, REZI, SEDG, TACO, WIFI, WFM. Karen Finerman is long FB spread calls. Karen Finerman is long GOOG put spreads. Karen Finerman is long SPY puts. Bitcoin and Ethereum are in her kids' Trust. Steve Grasso is long AAPL, BHC, CAR, EVGN, GE, LEN, MSFT, OLN, PFE, SAVE, T, TSE, WRK Grasso owns Callable Trigger contingent yield note linked to SPX, RTY, and MXEA. Grasso's kids own EFA, EFG, EWJ, IJR, SPY, TUR. Steve Grasso's firm is long BA, BIOS, COUP, CPB, CUBA, CXO, DIA, F, GDX, GE, GLD, GOLD, GSK, HPQ, IAU, IBM, ICE, KHC, MO, MSFT, NEM, NYCB, QCOM, QQQ, SNAP, SNGX, SPY, SQQQ, T, TAP, VER, WAB, WDR, WRK. Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami's wife, Linda Snow, works at Merck.