$CRWV 20250620 165.0 CALL$ I closed $CRWV 20250620 165.0 CALL$ ,CRWV: This is an update to a losing trade bear call update on CRWV. The bullish momentum is too strong for a bearish trade even though I still think CRWV is overbought and overvalued for what it currently represents. Well, Mr. market is always right regardless of that I think and I conceded with this loss. setup bear call to test trading strategy. Sold call at $165 and bought back at $170 with defined max risk at $500 per options pair. Premium collection is $155 per options pair. These contracts will expire next Friday 20th June. CRWV had already rose > 350% from just its Apr 2025 IPO at $39 and now trades at near $$160 which is also the level which I think is extremely overbought and might serve as a level for consolidation or reversal in near term. Looking got short term trade but also buy back call to limit exposure since it's so volatile. Risking $500 to collect $155 per bear call trade pair translate to yield of about 31% over 2 weeks.CRWV: setup bear call to test trading strategy. Sold call at $165 and bought back at $170 with defined max risk at $500 per options pair. Premium collection is $155 per options pair. These contracts will expire next Friday 20th June. CRWV had already rose > 350% from just its Apr 2025 IPO at $39 and now trades at near $$160 which is also the level which I think is extremely overbought and might serve as a level for consolidation or reversal in near term. Looking got short term trade but also buy back call to limit exposure since it's so volatile. Risking $500 to collect $155 per bear call trade pair translate to yield of about 31% over 2 weeks.CRWV: This is an update to a losing trade bear call update on CRWV. The bullish momentum is too strong for a bearish trade even though I still think CRWV is overbought and overvalued for what it currently represents. Well, Mr. market is always right regardless of that I think and I conceded with this loss. setup bear call to test trading strategy. Sold call at $165 and bought back at $170 with defined max risk at $500 per options pair. Premium collection is $155 per options pair. These contracts will expire next Friday 20th June. CRWV had already rose > 350% from just its Apr 2025 IPO at $39 and now trades at near $$160 which is also the level which I think is extremely overbought and might serve as a level for consolidation or reversal in near term. Looking got short term trade but also buy back call to limit exposure since it's so volatile. Risking $500 to collect $155 per bear call trade pair translate to yield of about 31% over 2 weeks.CRWV: setup bear call to test trading strategy. Sold call at $165 and bought back at $170 with defined max risk at $500 per options pair. Premium collection is $155 per options pair. These contracts will expire next Friday 20th June. CRWV had already rose > 350% from just its Apr 2025 IPO at $39 and now trades at near $$160 which is also the level which I think is extremely overbought and might serve as a level for consolidation or reversal in near term. Looking got short term trade but also buy back call to limit exposure since it's so volatile. Risking $500 to collect $155 per bear call trade pair translate to yield of about 31% over 2 weeks.| Side | Price | Filled | Realized P&L |
|---|
| Buy Close | 0.00 4Lot(s) | +100.00% Closed |
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