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@Terra Incognita
I closed $SMH 20240614 232.5 PUT$ ,SMH: collected 0.55% premium on this cash secured put on SMH after holding for 17 days. The strike was $232.5 which is a very comfortable level away from current price. SMH continue to move high throughout the past 2 weeks on heels of positive earnings and forecast by semiconductor counters. Happy to collect the option premiums, but actual stock are nursing a large paper loss.
I closed $SMH 20240614 232.5 PUT$ ,SMH: collected 0.55% premium on this cash secured put on SMH after holding for 17 days. The strike was $232.5 which is a very comfortable level away from current price. SMH continue to move high throughout the past 2 weeks on heels of positive earnings and forecast by semiconductor counters. Happy to collect the option premiums, but actual stock are nursing a large paper loss.

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