Taking a risk here for the rich premium. Fundamentally CRDO has tremendous growth rate both in revenue and profit and supported gap up in all their earning calls. Price is reaching 20 EMA and expecting support in that area. I have 30 days to let the price consolidate, while theta will still bring profit to my pocket.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -2.02 3 | -- Closed |
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