$SMCI DIAGONAL 260522/260417 CALL 30.0/CALL 40.0$ Rolling my SMCI away. At 30 for the new covered call it is below my buy price but premiums are very low at higher strikes. Hope to ladder by increasing the strike as the underlying price increases
$MSTR 20260515 175.0 CALL$ Taking a covered call on Master my actual buy price is much higher than this but at those levels there is no premium. Let me use ladder method to slowly increase the strike when the underlying rises to reach my sale price hopefully.
I did a partial buy at 120 without using my full allocation. I did this only after seeing strength. While$NVIDIA(NVDA)$ dipped to 117 the charts were not clear if it would continue to fall or go up. So after some analysis I set 120 as the new support and decided to buy when the price crossed this level upward and bought into some. The stock did go on to rally to 131 pre market before falling to presently 125 but I thi k 120 is a good support and psychological level to hold.