Just restructured my Nvidia position!
Sold 100 shares of $NVDA and rolled the profits into 2 long-dated LEAPS — same upside, way less capital at risk.
Check out the details of this trade, why I made the switch, and how I now have an extra $8,600 ready for the next opportunity:
👉 [Read more here]
📈Successful trading,
Steve
The Options Coach
Great move. I think there is a typo. for the new position $160 Call instead of “put”
Hi Juan, Thank you for reading! And thank you for catching the typo. Yes I sold 100 shares of Nvidia, which I acquired from a Put option I sold. With the proceeds I bought 2 LEAPS “Call” options with the Expiration Date of 1/15/27.
Thanks again, Steve