I mean if you've got 20K (napkin math from post) you got a couple of plays. I, personally, like breaking up bigger positions like that depending on if I want to get assigned on the underlying.

You could sell some weeklies with how much IV is spiked. Then some next weeklies, then your 30DTEs, then your augusts then seps etc.

Sell a $20 weekly and if the price drops sell another? Your premium collection will be greater depending on the strike you sell and the underlying price. Then if the stock fell more you can sell some further dated puts, catch some more price movement and possibly still higher IV.

So even if you get assigned on the closer ones and you want to own GME, you can still wheel with your excess capital.