$SOXL 20251226 40.0 CALL$ Bought soxl at $35. Sold a call strike $40 for $3.5.

Potentially earn $$840+ if it gets exercised or I reduce my buy price to $31.5 if it doesn't get exercised.

Disadvantage of course is losing out on higher profits but that's how I try to hedge the position 
SOXL CALL
11-26 23:38
US20251226 40.0
SidePrice | FilledRealized P&L
Sell
Open
3.60
1Lot(s)
-124.16%
Holding
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  • zookz
    ·11-27
    Covered call strategy executed well, hedging downside risk effectively.
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