SMCI: trade risk management.
Rolled out expiring covered calls at $50 by another 4 weeks to 22nd Aug and with a higher strike of $55.
SMCI had been on a run, up 5.22% last week and it's 8th week of continuous run up amidst bullishness on general market, and the semiconductor/AI sectors in specific.
new strike was set at $55 but it's already closed at $54.47 and look set to go higher in coming weeks should the bullish momentum sustained.
Happy problem as my underlying share prices are up, yet can't take profit on the covered calls when it's so bullish.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.35 3 | -- Closed |
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- popzy·2025-07-28TOPWow, you're on fire with those trades! 🔥 [Great]1Report