$SUPER MICRO COMPUTER INC(SMCI

$SUPER MICRO COMPUTER INC(SMCI)$ I put an Iron Condor on this when it was $600. I set the strikes at $400 and $800. I never in my life was more sure that a trade was set-it--and-forget-it than this one. I closed it out last week at a MASSIVE loss. My thesis was pretty simple. I thought a stock that was offering juicy premium could stay inside a FOUR HUNDRED DOLLAR window for 30 days. I lost about 3x the max profit of the trade.

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