SMCI: collect 1.9% premium for these covered calls with strike at $42.
Contract expires in 4 weeks on 9th May.
Price actions had been weak for the counter after the initial pump in late Feb. All those bullishness had fizzled after the tariffs place a huge overcast on the trades especially export centric economies.
The Semiconductor Tariffs are still in the works and have been announced to I think the price will stay in range until the next catalyst.
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