- Entry
- $604.34
- Now
- $567.03 -6.2%
- Target
- —
- Score
- —
Sitting on a long call SMH expire 3/19/27 strike $330 delta\~0.93 IV=0.55. I have owned it for awhile so it is now very far into profit (>$10k). I am still bullish but I want to make an adjustment to take partial profit. I am inclined to roll down to delta 0.80 which would take cash off the table, but the slippage looks brutal so I am thinking about alternatives. Instead of simply rolling I am considering selling a call near …
— ORIGINAL POST ·
compare exit tactics
· r/options
· May 28, 2026