Option Strategies: SOFI, PYPL, AMD, SMCI& NXPI
Hello everyone! Today I want to share some option strategies with you!
1.
Back from vacation! Missed a big optionselling earnings week last week, so got some catching up to do. Got a few things going on to start the week:
- $SoFi Technologies Inc.(SOFI)$ Sold May 3 exp 10 strike covered calls (we want to reduce our long position, so purposely trying to get out this week at the 10 strike ).
- $PayPal(PYPL)$ ... aiming to sell covered calls at the 75 strike on our long position and possibly buy some May 3 exp 60p as a hedge.
- $Advanced Micro Devices(AMD)$ ... currently have May 10 exp 145p as a hedge on our long position. Will probs sell the May 3 exp 140 put strike and sell the 190 call strike to pick up some juiced premium (this will become a put debit spread and a covered call on our long position .. we don't think AMD hits 190 by May 3).
- $SUPER MICRO COMPUTER INC(SMCI)$ ... still game-planning what we want to do here on our current positions. Will be watching $NXP Semiconductors NV(NXPI)$ on Monday as it will give us some insight into the semi-conductor sector and how that might affect $Advanced Micro Devices(AMD)$ and $SUPER MICRO COMPUTER INC(SMCI)$ on Tuesday.
Follow me to learn more about analysis!!
https://twitter.com/Selling4Premium
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.
