ZEROHERO
04-19
I opened $SMCI 20240503 750.0 PUT$  ,Sell put at support for 2 week’s expiration right before earnings.
Trading Order
SymbolSidePriceFilled time
SMCI PUT
US20240503 750.0
Sell
Open
26.22024-04-1921:45:01
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Comments

  • Xiaogou819
    04-27
    Xiaogou819
    Nice, it’s bounce back. Can i ask you, what is the margin amount and margin ratio for this trade? I want to sell put too, but afraid high margin 😓
    • ZEROHEROReplyXiaogou819: 
      My pleasure. May choose to close the position if it gets greener on Mon / Tue cos FOMC will cause the market to chop. Then enter a lower strike to collect additional premium before earnings.
    • Xiaogou819ReplyZEROHERO: 
      Okay thanks for your explanation. I believe the stock will go up after next week earning. 👍 wish you best of luck
    • ZEROHERO: 
      Margin $15,350. Ration is based on % of your cash available. But you need about $75k to buy the 100 shares should price fall below 750 at expiration.
  • ZEROHERO
    04-20
    ZEROHERO
    SMCI nosedive cos today's press release regarding an upcoming announcement lacked substantive guidance, focusing primarily on the announcement date itself. This omission is said to have disappointed some investors who were anticipating a positive pre-announcement. The absence of such guidance in this instance may have triggered uncertainty and disappointment among investors, prompting a reactionary sell-off and contributing to the decline in SMCI's stock price. The reaction to today's news highlights the sensitivity of market sentiment within the semiconductor industry. As SMCI prepares for its forthcoming announcement, it is crucial for market participants to closely monitor any further developments or indications that could impact the company's outlook and future performance. Ahead of SMCI’s results, which are set to be released after the close on April 30, analysts at Loop Capital raised their price target for the stock to $1,500 from $600, maintaining a Buy rating.
  • Hihihido
    04-21
    Hihihido
    U cutting loss on this?
    • ZEROHERO: 
      Nope. Another 10 days to go. Will choose to be assigned with the shares under 750
  • Aqa
    04-22
    Aqa
    🤞🏻 Liked and shared c
  • Zaczac
    04-19
    Zaczac
    Oh no bro
    • ZEROHERO: 
      It’s really unfortunate to enter a bit too early. Need to stay above 750 until end April 😅
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