Mar. 13 at 6:30 PM
$SMCI $4 up
$4 down. Buy low sell high.
Buy days like today then sell cover calls on the big up days. Use the gains from cover call to add.
This has been the game for two weeks, but IMO they are running out of weak hands and an explosion to the
$50S is coming.
Sure when it plateaus in the
$50 + it will back to the cover calls trades.
But be careful being short here, even with cover calls unless you are ready to get called
NVDA is the one that shows the way for
$SMCO and
$DELL and it already basing.