SMCI: collect 3.95% premium on these covered calls with strike at $55.
Contracts expires in 5 weeks in 8th Aug.
Increased strike price by $5 from $50 to $55 for this latest round of selling calls.
Price had recovered well lately and am capitalising this to continue reduce my stock holding paper loss.
Technical wise, it seems to be making a bullish flag and consolidating for the past 1.5 weeks and favours for a bullish break.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 2.18 3Lot(s) | -- Closed |
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- DeltaDrift·07-09Makes sense, especially with SMCI's price recovery.[Salute]LikeReport
- BurnellStella·07-09Great strategyLikeReport
