SMCI: take loss and sold 300 shares of SMCI as part of covered call expired in money at $45 for the 3rd week back to back.
Had intended to recover my holding on SMCI as I'm over exposed on this single stock.
Decided to exit at $45 at around 30% capital loss whenever possible as my holding average cost was near $60.
SMCI closed for the week strong at $52.96 and up by a large 13.4% from 1 week ago.
Since I've decided to exit SMCI trade, I'll continue to just let all the covered call expired as is and get the shares called away and take loss.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Close | 45.00 300 | -29.13% Closed |
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