Savvy Trades and Investments

[researcher59]

SMCI -2.05 to 34.40 on reports they are considering a capital raise. Also they will be bounced from the Nasdaq 100 next Monday due insufficient market cap. Furthermore, year end tax loss selling is a factor with the stock way down from the 52wk high of $120+.

I'm accumulating and hedging with weekly covered calls. It's been a great trader the past few weeks.

https://www.bloomberg.com/news/articles/2024-12-13/super-micro-computer-is-said-to-tap-evercore-to-raise-capital?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTczNDM2MjYyOSwiZXhwIjoxNzM0OTY3NDI5LCJhcnRpY2xlSWQiOiJTTzhYQklUMVVNMFcwMCIsImJjb25uZWN0SWQiOiI0MDZEMkY0Njc2Q0Q0QUREODU4N0E5MDY0QjExNzJBMyJ9.xwddFyzejM4UgJCHTY0H5FvDC9RrGzwPxJtdLJZRtHw