$SMCI 20250523 40.0 CALL$ SMCI: collect 1.9% premium on this covered call with strike at $40.
Contract expires in 5 weeks on 23rd May.
SMCI price action has been weak and still on downward trends ever since the short lived rally in mid Feb.
Price had came down > 50% ever since amidst tariffs war and semiconductor sell off.
While waiting, continue to sell covered calls at selected higher strike to collect some premium and at a price point I won't mind losing the shares should the price recovers sharply.
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