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$CVNA 20250221 270.0 CALL$ These short calls likely will be expiring worthless later today once market closed. Had shorted CVNA at strike $270 when it was trading around $250. It had for most of the time in the past 2 weeks traded above $270 and went as high as $292 before reversing on 20th Feb on sky high analyst expectations and fell sharply after earnings call despite beating all expectations by a wide margin. As of posting, CVNA trades at $236 therefore making this trade a risky but eventually successful trade.
$S&P 500(.SPX)$ I have bought decent amount of VXX (VIX futures) to hedge for the potential bearish market. So far the trades been profitable but it can go either way. Futures depreciates so unless a big pop on volatility in coming weeks, most of these VXX will eventually goes to zero. In order to offset the depreciation, I've also sold covered calls on them at varying strike $ and expiry period in order to collect some premium to offset the cost. Can't share VXX trade feeds as they are not whitelist counters. Trade with caution. May the best trade wins.
$SUPER MICRO COMPUTER INC(SMCI)$ Have SMCI pre split. So now with 10 times more and lower cost, will look to spread out the timing to sell covered call and wait for it to recover. SMCI need to post its filing soon.