Firestar76
11-25
$SOXL 20251226 36.0 CALL$ I think Dec will be a pretty bullish market and soxl won’t drop too low

So my 3 lots of soxl I did a sell call strike 36 end Dec for $4.2

Basically if soxl closes between 37-40, I kinda breakeven in my profits

If soxl goes above 40, I lose out on profits

If soxl stays below $36, I keep my shares and earn the premium Which effectively lowers my cost to $$28+

Basically a play to provide some protection against soxl tanking  
SOXL CALL
11-25 00:00
US20251226 36.0
SidePrice | FilledRealized P&L
Sell
Open
4.20
3Lot(s)
-36.90%
Holding
Direxion Daily Semiconductors Bull 3x Shares
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Comments

  • MichaelPerez
    11-25
    MichaelPerez
    Covered call strategy executed well [强] lowers cost basis effectively
  • CINDYTAN
    11-25
    CINDYTAN
    [Smile]
  • Kashcash
    11-25
    Kashcash
  • CINDYTAN
    11-25
    CINDYTAN
    [Happy]
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