SMCI: collect 4.05% premium on these covered calls with strike at $60.
Contracts expire in 5 weeks on 22nd Aug.
Reflecting confidence in the price run up, continue to sell at higher strike of $60 as long as price stays at current levels or higher.
Might challenge resistance at $54.2 and will observe whether it breaks out or reverse.
Have few other covered calls positions at $50 and $55 strike positions at varying expiry dates in the coming weeks.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 2.43 3Lot(s) | -- Closed |
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- Kristina_·07-23TOPThat’s a good amount of premium, and good risk management postion at current market[Sly]1Report
- vippy·07-23Great strategy! Keep it up! 💪[Cool]LikeReport