$CRDO VERTICAL 260109 PUT 155.0/PUT 160.0$ 

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.

CRDO Vertical
12-10 02:04
US155.0/160.0
SidePrice | FilledRealized P&L
Credit
Close
-2.02
3
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Closed
CRDO VERTICAL 260109 PUT 155.0/PUT 160.0
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  • Merle Ted
    ·12-15
    Way 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 best

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  • twixzy
    ·12-10
    Solid theta strategy mate! CRDO's chart looks tasty near 20EMA [看涨]
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  • recent quarter yoy about 272% upgraded guidance

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