SMCI: collect 1.95% premium on these covered calls with strike at $45.
Contracts expire in 4 weeks on 2nd May.
The strike is much lowered factoring the worsened price action and market sell off.
Nevertheless, took opportunity to sell fresh call at the start of market trading when the price was still positive. After that market began to turn again when market realised that those tariffs will take effect on 9th Apr as planned and won't be delayed.
going to ride this out, full well understand SMCI is not the strongest brand out there right now.
Still, won't panic sell and emotion based trades. Walk away and we'll see how this goes.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.88 3Lot(s) | -- Closed |
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