Plan: Sell 150c Nvidia expiring this week (0.15 delta)
Context: I have LEAPS on Nvidia expiring in 2 years (0.8 delta). Given the current IV%, high premium, and the fact that I have LEAPS, would selling covered calls here basically be a no-brainer?
Any reason not to sell covered calls on Nvidia this week given the IV%?
byu/Temporary_Bliss inoptions
Posted by Temporary_Bliss
3 Comments
Yes it’s relatively harmless. You can always roll up and out of you end in the money
Im definitely tempted to sell 1-2, looking at 140
I honestly don’t think you’ll get assigned this week at 150. In fact mine is for 140 for 8/30. I feel like there will be a Friday sell-off.