SMCI: collect $357 (2.35%) premium from these covered call with strike at $50.
Contract expires in 4 weeks on 12th Sept.
Stock closed at $45.73, up 1.73% for the week after falling 21.26% the week before.
Price action is still weak, but still trade above its 100 and 200 days MA.
Consolidating the past week without a clear direction.
Will likely sell similar covered call trades at lower strike to maintain premium collection while awaiting which way SMCI will break out of.
Had held SMCI all the way from its $17.25 low last Nov so think still can stomach the most recent drop for now.
Will still look to reduce position at better price simple for portfolio rebalancing purpose.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.19 3Lot(s) | -- Closed |
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- cutzi·2025-08-17Nice strategyLikeReport
- KSR·2025-08-18👍LikeReport