nomadic_m
07-19

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ closed at $135/share. 5 lots of $SOXL 20260717 140.0 PUT$ got assigned. Immediate loss of $5/share x 500 = $2500. However, premium for put was $5k. Still pocketed half plus now I own 500 shares at a good price. Win win! 

SK Hynix Plunges 9% Despite 12x Profit Surge — Is AI Memory Story Broken?
SK Hynix fell 8.98% Tuesday plus 4.79% after hours — net profit up ~12x YoY, but revenue missed targets.That cracked the whole memory chain: SanDisk -14.25%, Micron -8.85%, DRAM ETF -8.89%, 2x leveraged 07709 -18.99%. SOXS +14.45% against SOXL -14.52%, with KOSPI down nearly 28% in a month as the main transmission chain.If even the strongest HBM earnings can't hold share prices and inverse ETFs are at sentiment extremes — is this selloff nearing exhaustion, or just beginning?
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Comments

  • NoraPoe
    07-20
    NoraPoe
    I sold SOXL puts too, this setup still feels like free theta
    • nomadic_m
      Good for traders with free liquidity
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