Converted NVDA position to a covered call, allowing me to collect income in 17 days. Chose .14 delta for the short strike price. Wanted to generate capital gains too from this investment if ever price shoots up fast during this month where Santa rally is widely expected.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.20 2Lot(s) | +60.00% Holding |
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- Valerie Archibald·12-06 12:20TOPany day now trump could announce a modification to the nvidia china ban....If that happens expect the rally to start again in the shares. They have like half a billion in orders so far. More coming next year.LikeReport
- wobee·12-03TOPSmart play with covered call. 0.14 delta gives decent cushion while capturing Santa upside. Hope it prints! [666]1Report
- Venus Reade·12-06 12:14Forward PE is only 23 - Great buying opportunity. Do the math.1Report
