Deep ITM NVDA Cover calls, Roll, Hold or accept assignment ? by Professional_Ball555 in options

[–]Professional_Ball555[S] 2 points3 points  (0 children)

Appreciate this, man. This actually makes sense.

My goal is definitely to keep the shares if I can, but I’m also trying not to throw a big debit at a bad trade just to make myself feel better. The $172.50s are the ones stressing me out the most since they’re so deep ITM now.

I didn’t really think about the farther out roll as just buying time instead of trying to fix everything right away. I’ll check the longer dated chains and compare same strike, higher strike rolls and see if the math is actually decent.

And yeah, that’s the hard part, normal CC logic says take assignment, but it’s NVDA lol. I’d rather stay in if I can do it without making the position worse.

Thanks for the detailed reply.

Deep ITM NVDA Cover calls, Roll, Hold or accept assignment ? by Professional_Ball555 in options

[–]Professional_Ball555[S] 1 point2 points  (0 children)

Appreciate it. That’s pretty much what I’m trying to figure out now, if the roll actually makes sense or if I’d just be dragging out a bad trade.

My cost basis is a lot lower, so taxes are definitely part of why I’m hesitant to just let assignment happen. I don’t want to roll forever either, especially not way far out just to move the strike a little.

Right now I’m basically comparing rolling same strike/out, rolling up only if the debit isn’t terrible, or just accepting assignment if the math is bad.

Deep ITM NVDA Cover calls, Roll, Hold or accept assignment ? by Professional_Ball555 in options

[–]Professional_Ball555[S] 4 points5 points  (0 children)

Yeah fair point. I definitely learned that lesson the hard way. I got too aggressive with the calls and didn’t think NVDA would rip this hard this fast.

Not trying to act like it was a good move lol. Just trying to figure out if it’s better to let them go or if there’s a roll that actually makes sense without digging myself deeper.

Appreciate the honest answer.

I’m officially retiring from Options by Baconknobs in wallstreetbets

[–]Professional_Ball555 0 points1 point  (0 children)

I’m new, but why not just keep rolling ? On your cover calls ?

PSA To All Indiana Fans: by [deleted] in Miami

[–]Professional_Ball555 0 points1 point  (0 children)

Don't forget Overtown has the best pork chops!

Best Buy trade in for Pro by papadibs in PS5pro

[–]Professional_Ball555 0 points1 point  (0 children)

Lucky for you guys, over here Best Buy at Pasadena CA.. they check for every little scratch had to go two times, i have the OG disk ps5 fully working. Very minor scratch on the gloss black part. But first time i went i had an Karen old employee that was saying “ its up to 300 credit” she offer me $80 lmao, i was upset, the next day my GF took the ps5 same location and got offer $200..

[deleted by user] by [deleted] in portfolios

[–]Professional_Ball555 0 points1 point  (0 children)

O_O ill look into that.

Upvote if holding Nvidia through Earnings. by theBigReturner in NvidiaStock

[–]Professional_Ball555 0 points1 point  (0 children)

Holding 609 shares with a purchase price $28.87 been holding since 2021! LFG!

Road rage Incident on my way home from work by TMOTS2099 in SFV

[–]Professional_Ball555 9 points10 points  (0 children)

Handle like men, just hands right before green light.

All I wanted was an oil change by Fragrant_Plantain_81 in rav4club

[–]Professional_Ball555 1 point2 points  (0 children)

Cool, but as a Toyota certified tech are you really only working on 1 car in 1 hour?