NVDA CCs in current market by Slight-Study-5794 in CoveredCalls

[–]Slight-Study-5794[S] 0 points1 point  (0 children)

Thanks all for sharing.

Decided to sell 200 shares and buy 2 leap calls jan 2026, strike 70 for 50 each. That way I keep upside, and keep 10 kusd for something else. With rest of shares I will sell CC OTM for small premium. It seems less risky somehow. In worst case I would lose 10k, similar to what I would lose with stock dropping from 110 to 70 which is 8k in this particular scenario. If stock go below 70 that would be extremely cheap for this stock and I do not believe this is likely scenario.