Blink fans 22 December Covered Call Strategy on NVDA
Why I Use Covered Calls Instead of Chasing Price On 22 December, my focus is not on predicting whether NVDA will explode higher or suddenly crash lower. My focus is on consistent, repeatable income while still participating in upside. That is why I use a covered call strategy, which requires me to already own the underlying stock. This is important to state upfront: A covered call can only be done if I own the stock. I am not speculating with naked options. I am not over-leveraging. I am simply monetising time and volatility on shares I already hold. My cost basis for NVDA is around $99.30. This gives me a strong foundation. From this position, I sell short-dated call options to generate income, reduce my effective cost, and let the market pay me for waiting. ⸻ What Is a Covered Call (In S