Updated position, sold the $95 calls and will be keeping 45% in cash, the other 55% went to this. I stand to lose about $640 of my initial investment if this position blows up but that’s fine. This has a max profit of ~25K, which is about the same I would make if Micron hit $110 after the results with the $95 calls. The difference being that I took 45% of the investment off the table in exchange for limited profit potential (don’t see how this can run much higher than 15%) and increased risk on the position.
Top_Economist8182 on
If it’s good enough to screenshot
IllUpvoteEverything on
I’m on the opposite side with a costless collar on 100 shares. MU has been a wild ride if nothing else. When it went on that tear a few months ago I was rolling short calls like crazy. Finally said screw it and sold calls that expired in February or March with a $165 strike. Accounting for the premium differentials on the rolls, I think i made about $2k which offset most of the loss after it cratered.
HighSodiums on
Recoup your initial investment and then let the rest ride. If it rockets up you might be slightly annoyed you didn’t hold, but better than waking up tomorrow morning and having to sell for an 8k loss if it drills.
CasualMowse on
Play safe or risk and post later
Gold-Island-4558 on
Double it up. You could be on the moon shortly. Also IV crush is just a myth. Like Australia
Candid_Airport1774 on
Sell
KingOfTheBritons96 on
Whichever you choose will have been the wrong choice
Electronic-Count7742 on
You could miss out on a million dollars if u sell don’t do it
24 Comments
Sell. I’m holding my -25% $110 Calls on MU
Imo I would sell. Better to have almost doubled your money then to lose a chunk of it.
Sell half so even if you lose the rest you’re in profit
definitely sell half
sell brodie keep the buying power don’t risk it there’s opportunities every single day in the market to make more than 2x 3x
sell to cover what u spent on the contracts and leave the rest as runners if you rly wanna hold
Absolutely sell half. OR turn it into a spread and sell OTM calls.
Sell 75%, YOLO the rest for earnings. Do that and don’t think twice about it
Sell 10 keep 5
When above 20% might as well sell
Sell
You should hold it until your total returns become negative
I have a bunch of call in profit bought yesterday low. And today I bought a 96 put to edge just in case
Sell 10 keep 5 it’s not that hard. Jesus Christ 
https://preview.redd.it/rn4npjscxyqd1.jpeg?width=1170&format=pjpg&auto=webp&s=5f0f66ac635d588725695debf4a98fac1be33b1a
Updated position, sold the $95 calls and will be keeping 45% in cash, the other 55% went to this. I stand to lose about $640 of my initial investment if this position blows up but that’s fine. This has a max profit of ~25K, which is about the same I would make if Micron hit $110 after the results with the $95 calls. The difference being that I took 45% of the investment off the table in exchange for limited profit potential (don’t see how this can run much higher than 15%) and increased risk on the position.
If it’s good enough to screenshot
I’m on the opposite side with a costless collar on 100 shares. MU has been a wild ride if nothing else. When it went on that tear a few months ago I was rolling short calls like crazy. Finally said screw it and sold calls that expired in February or March with a $165 strike. Accounting for the premium differentials on the rolls, I think i made about $2k which offset most of the loss after it cratered.
Recoup your initial investment and then let the rest ride. If it rockets up you might be slightly annoyed you didn’t hold, but better than waking up tomorrow morning and having to sell for an 8k loss if it drills.
Play safe or risk and post later
Double it up. You could be on the moon shortly. Also IV crush is just a myth. Like Australia
Sell
Whichever you choose will have been the wrong choice
You could miss out on a million dollars if u sell don’t do it
Double down pussy 