Anyone here trading options on Lumentum (LITE), Vertiv (VRT), or AAOI?
I’ve been eyeing all three lately — the IV and premium on these are pretty tempting, especially Lumentum. The optical/data center AI theme has been giving these names some serious vol.
Curious if anyone is:
∙ Running CSPs to get long exposure while collecting premium
∙ Playing calls for directional upside
∙ Or doing something else entirely (spreads, covered calls, etc.)
Any experience with how these names behave around earnings or broader market moves? Do they tend to rip past your strikes or does premium decay work in your favor?
Would love to hear what’s working (or not) for people actively trading these. Thanks!