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) | +58.34% Holding |
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- wobee·12-03Smart play with covered call. 0.14 delta gives decent cushion while capturing Santa upside. Hope it prints! [666]LikeReport