Madluvyz
11-20
$SUPER MICRO COMPUTER INC(SMCI)$  


Selling a 17/16 put spread on SMCI 20 Dec expiry. 

Clear indicators of a bounceback, 17 is at the lowest support lvl at the nearest bottom regression line. 

My rule of thumb, at lest 20% profit from every trade. 


[Miser]   In this trading game for the long run.

@madluvyz - Specialist in sell options trading and swing trading.

Is SMCI a Comeback or a Dead Cat Bounce?
SMCI rebounds near 60% this week. ----------- Is it a comeback or a dead cat bounce? What's your target price for SMCI?
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Comments

  • Pighead
    11-20
    Pighead
    I got 10 shares at avg of $120 each… I am thinking to buy 5-10 more at $28+ to avg down the cost… any thoughts?
    • Madluvyz
      Did u buy it before the split or after? If u are longing SMCI I will say dont. The fundsmental metrics of the company is actually not great as compared to similar companies.


      However if you are just capitalizing on the potential upside move to do an entry and exit move, then yes.
  • Tiger_comments
    11-20
    Tiger_comments

    wow, you look like a real master in swing trading. How about sharing your winning trades in community? ❣️ 💘

    • Madluvyz
      Okay I will share my winning trades going forward. :). Thank you for the kind words!
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