Option Strategies: SMCI& TGT

Hello everyone! Today i want to share some option strategies with you!

Followed the homie on this optionselling pre-earnings trade for $Target(TGT)$ .

Sold the Nov 22 expiration $130 strike puts.

130 is a demand zone as well as previous earnings bottom. There is also some volume support down around that level. 2X the expected move is around 130.

Would have preferred to sell the 110 gap, but no premium at that level for this week's expiration.

Took this trade on $SUPER MICRO COMPUTER INC(SMCI)$ earlier today. Straight up bought shares. Debating on exiting for quick profit or holding thru NVDA's earnings.🤔

Also wondering if this might be a longer hold for more upside leading into SMCI's earnings. 🤔🤔

Follow me to learn more about analysis!

Options Hub

Welcome to Tiger Options Hub! Here you may talk and learn about all things on options trading!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":372975632613408,"tweetId":"372975632613408","gmtCreate":1732077365273,"gmtModify":1732079982917,"author":{"id":10000000000010846,"idStr":"10000000000010846","authorId":10000000000010846,"authorIdStr":"10000000000010846","name":"Selling For Premium","avatar":"https://community-static.tradeup.com/news/6e71af8d806acf06bae64d5fa3e020c0","vip":8,"userType":8,"introduction":"。","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":631,"starInvestorFlag":false},"themes":[{"themeId":"6e1c80e1b0c649e4b4472938cebd4ac0","categoryId":"997e3653d17d4f86ac5ca7a2c649ef17","name":"Options Hub","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":6e1c80e1b0c649e4b4472938cebd4ac0}&rnconfig={\"headerBarHidden\": true}","description":"Welcome to Tiger Options Hub!\nHere you may talk and learn about all things on options trading!","image":"https://community-static.tradeup.com/news/ff0f1a617c615bc3d55c60d687ac808a"}],"images":[{"img":"https://community-static.tradeup.com/news/21f10610dc3df4155f6881eb926a7ade","width":"1271","height":"960"},{"img":"https://community-static.tradeup.com/news/f22462a79cfb7dee679346f4e7be5a77","width":"686","height":"937"},{"img":"https://community-static.tradeup.com/news/43b33651f5c3af5ded3cb25550f01756","width":"1512","height":"385"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/21f10610dc3df4155f6881eb926a7ade","width":"1271","height":"960"},{"img":"https://community-static.tradeup.com/news/f22462a79cfb7dee679346f4e7be5a77","width":"686","height":"937"},{"img":"https://community-static.tradeup.com/news/43b33651f5c3af5ded3cb25550f01756","width":"1512","height":"385"}],"title":"Option Strategies: SMCI& TGT","html":"<html><head></head><body>Hello everyone! Today i want to share some option strategies with you!1.Followed the homie on this optionselling pre-earnings trade for <a data-mention-id=\"TGT\" class=\"teditor-mention\" data-mention-name=\"Target\" href=\"https://ttm.financial/S/TGT\">$Target(TGT)$</a> .Sold the Nov 22 expiration $130 strike puts.130 is a demand zone as well as previous earnings bottom. There is also some volume support down around that level. 2X the expected move is around 130.Would have preferred to sell the 110 gap, but no premium at that level for this week's expiration.<img src=\"https://community-static.tradeup.com/news/21f10610dc3df4155f6881eb926a7ade\" tg-width=\"1271\" tg-height=\"960\"><img src=\"https://community-static.tradeup.com/news/f22462a79cfb7dee679346f4e7be5a77\" tg-width=\"686\" tg-height=\"937\">2.Took this trade on <a data-mention-id=\"SMCI\" class=\"teditor-mention\" data-mention-name=\"SUPER MICRO COMPUTER INC\" href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$</a> earlier today. Straight up bought shares. Debating on exiting for quick profit or holding thru NVDA's earnings.🤔Also wondering if this might be a longer hold for more upside leading into SMCI's earnings. 🤔🤔<img src=\"https://community-static.tradeup.com/news/43b33651f5c3af5ded3cb25550f01756\" tg-width=\"1512\" tg-height=\"385\">Follow me to learn more about analysis!</body></html>","htmlText":"<html><head></head><body>Hello everyone! Today i want to share some option strategies with you!1.Followed the homie on this optionselling pre-earnings trade for <a data-mention-id=\"TGT\" class=\"teditor-mention\" data-mention-name=\"Target\" href=\"https://ttm.financial/S/TGT\">$Target(TGT)$</a> .Sold the Nov 22 expiration $130 strike puts.130 is a demand zone as well as previous earnings bottom. There is also some volume support down around that level. 2X the expected move is around 130.Would have preferred to sell the 110 gap, but no premium at that level for this week's expiration.<img src=\"https://community-static.tradeup.com/news/21f10610dc3df4155f6881eb926a7ade\" tg-width=\"1271\" tg-height=\"960\"><img src=\"https://community-static.tradeup.com/news/f22462a79cfb7dee679346f4e7be5a77\" tg-width=\"686\" tg-height=\"937\">2.Took this trade on <a data-mention-id=\"SMCI\" class=\"teditor-mention\" data-mention-name=\"SUPER MICRO COMPUTER INC\" href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$</a> earlier today. Straight up bought shares. Debating on exiting for quick profit or holding thru NVDA's earnings.🤔Also wondering if this might be a longer hold for more upside leading into SMCI's earnings. 🤔🤔<img src=\"https://community-static.tradeup.com/news/43b33651f5c3af5ded3cb25550f01756\" tg-width=\"1512\" tg-height=\"385\">Follow me to learn more about analysis!</body></html>","text":"Hello everyone! Today i want to share some option strategies with you! 1. Followed the homie on this optionselling pre-earnings trade for $Target(TGT)$ . Sold the Nov 22 expiration $130 strike puts. 130 is a demand zone as well as previous earnings bottom. There is also some volume support down around that level. 2X the expected move is around 130. Would have preferred to sell the 110 gap, but no premium at that level for this week's expiration. 2. Took this trade on $SUPER MICRO COMPUTER INC(SMCI)$ earlier today. Straight up bought shares. Debating on exiting for quick profit or holding thru NVDA's earnings.🤔 Also wondering if this might be a longer hold for more upside leading into SMCI's earnings. 🤔🤔 Follow me to learn more about analysis!","highlighted":1,"essential":2,"paper":2,"likeSize":23,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/372975632613408","repostId":0,"isVote":1,"tweetType":1,"viewCount":1293,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TGT","SMCI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":628,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/372975632613408"}