A Strategic Win: Reflecting on Our $SMCI Call Option Success

Today, we reflect on a recent triumph in our portfolio—the $SMCI call option—that not only showcases our tactical acumen but also significantly contributes to the progress of our $10,000 portfolio, now valued at approximately $17,000.

The Journey of the $SMCI Call Option

The stock's meteoric rise beyond our expectations underscored the potential we had seen. At its zenith, the value of the $SMCI 800C weekly option soared to an astounding $27,500—a figure that speaks volumes about the stock's remarkable performance.

However, true to our commitment to risk management and securing profits, we made the strategic decision to sell the option well before its peak, realizing a profit of approximately $6,000. While it's tempting to muse on the what-ifs had we held the position longer, we wanted to emphasize the importance of safeguarding gains and mitigating risks.

The wisdom of this choice became even more apparent today, as $SMCI experienced a dramatic drop from its peak of $1,042 to a current price of $813—a decline of over 19%, translating to a $190 decrease in value.

Lessons for Future Investments

The recent volatility of $SMCI serves as a crucial learning opportunity. It highlights the importance of:

• Risk Management: Understanding and managing the risks associated with each investment is vital for long-term success.
• Profit Realization: Securing profits when opportunities arise can be just as important as the initial investment decision.

The Impact on Our Portfolio

The sale of the $SMCI call option significantly contributed to the growth of our $10,000 portfolio, now valued at approximately $17,000. As we move forward, we remain committed to applying the lessons learned from this experience to future investments, always with an eye towards balancing potential rewards with the inherent risks of the market.