Another one just for fun. Buying Oct and selling three times a week against it. NVDA has Mon, Wed and Fri expirations. Plenty of chances to roll down and/or sell more on a down move. No upside risk. If NVDA drops below 175 then I’d like to see it go on down to 50. 🙂 🙂

Sold NVDA Aug 28 2026 200.0 Puts

Against:

Bought NVDA Oct 16 2026 175.0 Puts

Net Credit .10 on the whole thing.

I look at this and my SPCX trade as “mini” SPX type of trades. Just shorter term to take advantage of premiums in some of these headline type stocks.