Position opened in SPCX

Investor summaryBullish

Opened a covered call position in SPCX at $155, targeting a bounce to $180 before shifting to delta neutral.

Bull points

Low breakeven point around $120 due to high premium from selling long-dated covered calls.
Expects a quick bounce to $180, providing upside potential before transitioning to delta neutral.

SPCX红利收息

Post body

Position opened in SPCX

Yesterday I made a threat detailing my theta strategy for SPCX. I have now opened the position with SPCX trading at $155. I am selling covered calls , all positions expiring 12/18/2026. This means my breakeven is pretty low around $120. I am hoping for a quick bounce, maybe to 180, and then I will transition to a delta neutral strategy.

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