I am currently hedging my underwater long call position by shorting a call option expiring next Friday. Since it is earnings week for ASML, the implied volatility is through the roof, allowing me to capture a very healthy premium even at a strike price that remains quite far out of the money. If we see a massive rally on the news, my long call might finally have the legs to turn positive, but if the earnings report underwhelms, I will simply pocket the premium from this short call and look for other tactical adjustments to manage the long position.
Modify on 2026-04-08 23:58
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- YumZoay·00:28Clever hedge! IV spike makes premiums sweet. [得意]LikeReport