Monday, April 8, 2024

SMCI spread 6687

 


Entered SMCI bull put spread

more than 1 to 4 profit loss ratio

but I realize the price of a share is very high

if it goes to zero, I will lose more than $100k SGD

which is something that will make me comfortable

so I close the position

I should trade shares that are cheaper, until I gain more experience

loss around US$129


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