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Use Collar. Do not sell deep in the money call.

goingplaces 2024-05-22 10:30:23 ( reads)

You lose a lot of premium gain when the option is Deep in the Money...

A good portion of option earning is from the decay, both time and volatility.

NVDA has $40 prem on both the Call  and the Put options at $950 more or less at the money strike that expire this Friday!  This is a super rich premium accounts for close to 9% swing up or swing down.

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