Flochin
09-26
$NVIDIA(NVDA)$  

My covered call of $235 against this holding expired today without being exercised.  Maximum premium is captured.  Will restart the wheel next week.  

It is important to make money in a consistent and steady manner [Miser]  !

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Comments

  • DIAMOND009
    09-26
    DIAMOND009
    8-12% annualized on covered calls is already solid, and dodging assignment at 235 is a bonus. Next week watch IV though - if it cools off, the wheel pays less
    • Flochin: 
      Thanks for your comments. That is logical. I trigger the wheel only when the conditions are favourable. Otherwise I will pause for a brief period for the next opportunity or even sell the shares if the profit is lucrative followed by selling lower price cash secured puts.
  • CHINNY168
    09-27
    CHINNY168

    Great article, would you like to share it?

  • AuntieAaA
    09-27
    AuntieAaA
    Good
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