✅ Take Profit Alert, Wed. 6/25/25 SMCI Bull Put Spread
Breakout Clears the Short Strike With 2 Days to Go — Time to Lock It In
🔸 $SMCI — 40/46 Bull Put Spread
Net P/L: +$1,227.00 (71.50%)
Days to Expiration: 2
Current Price: $46.59
Chart: SMCI broke out hard today, clearing the $46 short strike and pushing into the close with strength. This is exactly the move I needed— high-volume follow-through that gave the trade room to breathe.
Suggested Action:
✅ Close the trade and take profits now. You’re sitting on over 71% of the premium with just 2 days left, and the setup just delivered the breakout. No reason to press — the win is here.
My Take:
With expiration right around the corner, this is a gift. The trade worked, the breakout hit, and the risk is no longer worth staying in. I’m closing it now, bagging the gain, and rotating the capital. Clean exit.
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*Disclaimer: These trades reflect my own strategy and opinion, not financial advice.
Yeah Man!!