That’s where the covered call comes in. ⸻ The Covered Call Decision: Selling the $94 Call 🧠 I sold 1 IAU call option with the following details: • Strike price: $94 • Premium received: ~$2.00 • Time to expiry: ~4 days • Position: Covered (I own the shares) This immediately achieved three objectives. ⸻ Objective 1: Locking in Income Immediately 💵 By selling the call, I received $200 upfront (since options are for 100 shares). That money is realized profit the moment the trade is filled. No matter what happens next: • If IAU drops → I keep the premium • If IAU goes sideways → I keep the premium • If IAU rises above $94 → I still keep the premium This instantly transformed paper profit into cash. ⸻ Objective 2: Defining a Profitable Exit 🎯 Selling the $94 call means I agree to sell my shares

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold sold 

$NVIDIA(NVDA)$ Sell sell 

$NVIDIA(NVDA)$ Down below 191.40

$NVIDIA(NVDA)$ Sold wait for 190 

$NVIDIA(NVDA)$ Sold I sit for 190 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold 

$NVIDIA(NVDA)$ Sold sold