Taking a risk here for the rich premium. Fundamentally CRDO has tremendous growth rate both in revenue and profit and supported gap up in all their earning calls. Price is reaching 20 EMA and expecting support in that area. I have 30 days to let the price consolidate, while theta will still bring profit to my pocket.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -2.02 3 | -- Closed |
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- Merle Ted·12-15Way oversold. Look at the fundamentals. Increase customer base plus pricing increase on products. Sells only 230 million worth products a quarter - huge upside potential as margins are high and products are the best of the bestLikeReport
- twixzy·12-10Solid theta strategy mate! CRDO's chart looks tasty near 20EMA [看涨]LikeReport
- Venus Reade·12-15recent quarter yoy about 272% upgraded guidanceLikeReport
