SMCI: collect 2.25% premium from these covered calls with strike at $43.
Contracts expires in 6 weeks on 6th June.
Took the chance for a general upward momentum week to sell fresh calls to replace those expiring on 2nd May.
SMCI is still within range despite the large sell off on 30th April. It had since recovered partially and within the middle of the range.
Earnings on 6th May will be disappointing as already communicated by the company in advance with expected revenue significantly down over delays in shipment and margin compression.
Still looking for an opportunity to offload partially on shares holding as been holding significant amount that might impact overall portfolio depending on the direction for this stock.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.98 3Lot(s) | -- Closed |
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·2025-05-07Good premium for 2.25%, but holding period seems long1Report