Super Micro Computer Inc (SMCI)

[moe_the_gyp01]

Remember Raging Bull, the old CMKX basher days? I was a big CMKX hater and taunted stupid ACCADACCA mercilessly. Oh, I went ahead and bought some SMCI. Did a buy/write using the Jun 600 call to reduce my basis to 488 and change. Sorry about missing that you did your transaction in a Roth. My tax comment is moot.

Inputs Analytics
Contracts 1 Cost (57,848.00)
Shares 100 Premium 9,027.41
Open Date 31-Jan-24 Call Away 60,000.00
Exp Date 21-Jun-24
Days to Exp 142 Net Callaway/Max Gain 11,179.410
Underlying 578.48 Basis 48,820.590
Call Prem/Bid 90.27 Target Return 22.90%
Strike 600 Annualized 58.86%
15.61% Break Even per share 488.21
Downside Protection 15.61%

https://stocktwits.com/Victhestick/message/560160024