Opened a Covered Call position on IONQ till next Friday which is its earning week, taking advantage of the high IV to get a juicier premium, if the share price goes up close to strike will likely let the underlying be called away and take profits, however May roll this option if share price surge way beyond $IONQ 20250228 40.0 CALL$ the strike. If earning disappoints then this premium will be in the pocket.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- DeltaDrift·2025-02-20TOPNice entry of this trade.1Report
- winky9·2025-02-20Nice strategyLikeReport
- CINDYTAN·2025-02-20[Smile]LikeReport
- KL8388·2025-02-20kLikeReport
