Update for SWKS, this play does not work. I have exited my position and take loss 60% of my SWKS position. As usual, I did not put more than 5% of my total capital for one position. So my loss is about 3% of my total capital. This is business cost. Yesterday after I analyzed SWKS chart and admit I was wrong. This chart create lower high and lower low. I should not play call option. So yesterday I took my loss.
Today the stock going down further because of symphaty play. TQNT which in same industry as SWKS get bad earning news so SWKS going down in symphaty.
Best regards,
Snip
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