REDDIT
Made 15k on SMCI&SMCX Premiums on a two week theta and IV crush play
I write about theta plays and swing trades and the premiums on SMCX were just too juicy to pass up.
Calls on $60 were selling for $1500 for Feb 21 and 50 Puts were selling for $800 for Feb 21
I’ll gladly wait 11 days and make 15k just on the premium and I’ll want to get assigned those shares
These where a great play last week and this week
IV crush tomorrow too 💪 600% on SMCX haha