source avatarMahachai 🦇🔊

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For friends who are KO-FI and X subscribers and entered MU options according to my timing: 1️⃣ Put at the $950 strike 2️⃣ Call at the $750 strike (two nights ago) If you haven’t sold yet, the profit/loss chart from holding both positions would look like this: Exiting to lock in profits captures gains on both sides—essentially a strangle position, but in a profitable state with no losses at all. The minimum profit occurs within the price range of $750–$950. However, if you’ve held MU shares since purchasing at $400+—as I recommended months ago—you can simply wait until maturity to exercise: 1️⃣ If the price falls below $750, exercise the put and let the call expire. 2️⃣ If the price remains within the $750–$950 range, exercise the put first—this allows you to sell your held MU shares at $950, generating funds to exercise the call, effectively letting you acquire MU shares at $750 below market price. 3️⃣ If the price rises above $950, sell your MU shares at the current market price, then exercise the call at $750 to acquire shares below market value.

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