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.
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