Optimistic that NVDA will continue to run next week, but if they have any misses on revenue or guidance, can see a bigger market impact.
How are you all hedging for next week?
Personally looking at 14DTE calls on SQQQ as any puts on NVDA is too expensive….
Posted by User1542x
2 Comments
Using leveraged ETFs for hedging can be risky due to volatility decay. Have you considered selling covered calls on NVDA if you own the shares? This could help you generate income while still benefiting from a moderate upside move. For option strategies, it’s crucial to understand the potential risks and rewards.
I feel this is actually a good strategy. Cause let’s say you got IV crush. You won’t lose that much. I’m also guessing is Nvidia did not do well or lackluster. I’m guessing the whole semiconductor side gonna tank a bit