$CRWV VERTICAL 250606 CALL 165.0/CALL 160.0$ I opened $CRWV VERTICAL 250606 CALL 165.0/CALL 160.0$ ,CRWV: setup bear call to test trading strategy. Sold call at $160 and bought back at $165 with defined max risk at $500 per options pair. Premium collection is $180 per options pair. These contracts will expire this Fri 6th June So it's only for 3 days. CRWV had already rose > 350% from just its Apr 2025 IPO at $39 and now trades at near $160 on Wed. $160 is also the level which I think is extremely overbought and might serve as a level for consolidation or reversal in near term. Looking got short term trade but also buy back call to limit exposure since it's so volatile. Risking $500 to collect $180 per bear call trade pair translate to yield of about 36% over 3 trading days.CRWV: setup bear call to test trading strategy. Sold call at $160 and bought back at $165 with defined max risk at $500 per options pair. Premium collection is $180 per options pair. These contracts will expire this Fri 6th June So it's only for 3 days. CRWV had already rose > 350% from just its Apr 2025 IPO at $39 and now trades at near $160 on Wed. $160 is also the level which I think is extremely overbought and might serve as a level for consolidation or reversal in near term. Looking got short term trade but also buy back call to limit exposure since it's so volatile. Risking $500 to collect $180 per bear call trade pair translate to yield of about 36% over 3 trading days.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.
