Terra Incognita
11-20 14:41
I opened $SMCI 20250117 65.0 CALL$  ,

SMCI: collect 0.9% premium for the far out of the money covered call at $65 strike which is 230% higher than current market price. 

Spreading my covered calls across multiple time frames and strike positions to distribute the risk of assignment versus premium collection. 

These sets of contracts expires in 59 days on 17th Jan, and they are above my holding average so post no risk beyond opportunity cost. 

Sold close to the peak of Volatility spike on Tues so already 24% in the money by the end of market close. 

SMCI CALL
11-20 00:07
US20250117 65.0
SidePriceRealized P&L
Sell
Open
0.60+16.67%
Holding
SUPER MICRO COMPUTER INC
Trade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
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
65