Before earnings, I executed a buy-write on PLTR to get in on that premium. It obviously and largely blew my strike, and I managed it. Current net value (lot-short call) 10800 at a cost of 9665.
Same strategy and outcome with NVDA, current net 11913 cost 10896.
SMCI 3451 cost 3566 (fuck)
IF I HAD JUST BOUGHT ALPHA
I would be up 3510 PLTR, 1582 NVDA, 58 SMCI.
So this is not working. Is this just a strategy mismatch (bc earnings can go either way) or do I need to check my "management " after I get blown out? Maybe it would be better to let it get called, take my small win, and redeploy capital?
To be fair, I dont have the capital to have gone alpha on those three lots entoto. So maybe it *is* working?
Edit:smci number