SMCI: collect 2.5% premium for these covered calls with strike at $60.
Contracts expires in 3 weeks on 7th Mar.
Sold these calls at higher strike to reflect the bullish run of SMCI of late. At this price point, it's bearish key resistance levels before the accounting issues and other bearish sentiments became obvious.
Tradr is still in paper loss as SMCI continued to move even higher in the final hours on 14th Fri after my trades.
Since it longer dates, will wait it out. Won't roll the calls if it ever gets called.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 1.50 | -- Closed |
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