SMCI: collect 2.65% premium on these covered call with strike at $33 which is 47% higher than current rate. Contract expires in 31 days on 13th Dec.
SMCI had been fallbig cliff after cliff and if at very bearish positions. Delisting risk loomed by 16th Nov so will be HODL all the way. In the meanwhile, collect some premium to offset my pain.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 0.89 | -523.59% Holding |
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The impact of news is too strong.