SMCI: collected full premium from these covered calls with strike at $45 when they expires worthless on 2nd May.
SMCI had came down quite sharply on 30th April when it disclosed ahead of time of missing revenue and earning targets significantly and had revised down its numbers.
Actual earnings will be released on 6th May so we'll see how bad the situation is.
Since this one expired worthless, had already replaced with fresh covered calls but with lower strike of around $40 to $43.
Lower strike to reflect the lower current price while still trying to maintain sufficient amount of options premium to make it worth.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 3Lot(s) | +100.00% Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thank you for the insight into your trading activities. Your commitment to value investing and strategic swing trading is inspiring.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: