I'm long term bullish on NVIDIA. However, it's been extremely volatile with the share price fluctuating in the range of <$170 to $195+ for the past one month.
To capture some profits along the way riding on the volatility wave, I had been capturing some premiums by taking the following steps:
- selling weekly $165 put (when shares slipped to < $170 and undergoing a quick rebounce)
- instead of buying more shares, I bought one time Jan 2026 $168 call (when shares slipped to <$170; this serves as synthetic shares to cushion further short of higher value calls)
- selling weekly $195 covered calls (when shares rebounced above $185 and premium looks lucrative)
So far so good, this strategy works for me [Miser]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Norton Rebecca·10-29TOPNVDA’s $165 puts/$195 calls strategy?LikeReport
- Reg Ford·10-29NVDA’s volatility = your profit! $168 synthetic calls + covered calls work great!LikeReport
- DrewStrong·10-28Great strategy! Love your approach! [Great]LikeReport