Overlay · STW
MITK
Mitek
19.19
-0.02 · -0.1%
Plan
- Cut
- Daily close below $16. All five.
- Target
- Jan through 20. May 20 then 22.50.
- 3× Jan $12.50 @ $6.65 TFSA. 2× May $20 @ $3.65 FHSA. $510 credit on the roll.
- Cut: close below $16, both lines.
- Jan through 20. May 20 then 22.50.
The take
Rolled 2 FHSA into May $20 @ $3.65, $510 credit. 3× Jan $12.50 TFSA stay.
Cut $16 both. Jan through 20. May 20 then 22.50. No add.
Expression
- 3× Jan ’27 $12.5C @ $6.65 · 6.7 ITM
- 2× May ’27 $20C @ $3.65 · 0.8 OTM
$2,725 cost · 89d
Tape
- 20-day18.29 above
- 50-day18.31 above
- 200-day14.11 above
Stop
Close below $16
$16 is the swing. Lose it and the Jan $12.50s and the May $20s are both dead.
Outlook
- FY26 year-end / Q4 (est.)Late Oct · before expiry
- Q1 (est.)Feb ’27 · before expiry
Jan through 20. May 20 then 22.50. Cut $16 both. No add.
News
Quiet on this name.