{"id":15592,"date":"2025-07-10T13:11:43","date_gmt":"2025-07-10T17:11:43","guid":{"rendered":"https:\/\/www.mainstbeatswallst.com\/?page_id=15592"},"modified":"2025-07-12T23:11:03","modified_gmt":"2025-07-13T03:11:03","slug":"sold-100-shares-nvda-bought-leaps","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=15592","title":{"rendered":"Sold 100 Shares NVDA, Bought LEAPS"},"content":{"rendered":"

Sold 100 Shares of Nvidia<\/strong><\/h4>\n

On July 7th, I acquired 100 shares of Nvidia (NVDA) through assignment of a $160 strike Put option I had sold on July 2nd. Today, I sold these shares at $162.70, locking in a capital gain of $270<\/strong>, plus the $280 premium<\/strong> from the original Put sale.<\/p>\n

\n

Trade Details:<\/strong><\/p>\n

    \n
  • \n

    Bought:<\/strong> 100 shares NVDA @ $160<\/p>\n<\/li>\n

  • \n

    Sold:<\/strong> 100 shares NVDA @ $162.70<\/p>\n<\/li>\n

  • \n

    Capital Gain:<\/strong> $270<\/p>\n<\/li>\n

  • \n

    Option Premium Received:<\/strong> $280<\/p>\n<\/li>\n<\/ul>\n

    \n

    New Position:<\/strong>
    \nI also used the proceeds to buy 2 slightly ITM NVDA LEAPS:<\/strong><\/p>\n

      \n
    • \n

      Bought:<\/strong> 2 NVDA 1\/15\/27 $160 Calls @ $38.20<\/p>\n<\/li>\n

    • \n

      Total Cost:<\/strong> $7,640<\/p>\n<\/li>\n<\/ul>\n

      \n

      Trade Rationale:<\/strong>
      \nI\u2019m still bullish on Nvidia, but prefer holding LEAPS over shares.<\/p>\n

        \n
      • \n

        100 shares cost:<\/strong> $16,270<\/p>\n<\/li>\n

      • \n

        2 LEAPS cost:<\/strong> $7,640<\/p>\n<\/li>\n<\/ul>\n

        This NVDA LEAPS has a Delta of 0.66. <\/strong>The Delta tells me how much my LEAPS option increases in value with every $1 move in the stock price. If the Delta is .66, my 2 options will increase in value by $132 with every $1 move in the stock.<\/p>\n

          \n
        • \n

          2 LEAPS: $1 move in NVDA \u2192 +$132 (0.66 \u00d7 2 \u00d7 $1)<\/strong><\/p>\n<\/li>\n

        • \n

          As NVDA rises, Delta increases.<\/p>\n<\/li>\n<\/ul>\n

          This strategy reduces capital at risk while maintaining similar upside exposure.<\/p>\n

          \n

          \u00a0Funds Overview:<\/strong><\/p>\n

            \n
          • \n

            Proceeds from selling shares:<\/strong> $16,270<\/p>\n<\/li>\n

          • \n

            Cost of 2 NVDA LEAPS:<\/strong> $7,640<\/p>\n<\/li>\n

          • \n

            Available cash for future trades:<\/strong> $8,630<\/strong><\/p>\n<\/li>\n<\/ul>\n

            \n

            Summary:<\/strong>
            Sold 100 NVDA shares for a modest profit and used the capital to buy 2 NVDA LEAPS. Now I have less cash tied up, greater leverage, and more funds available for new opportunities. And with the less cash in the LEAPS I will make more money if the stock moves higher.<\/p>\n

            Any questions on this strategy send me an email.<\/p>\n

            \ud83d\udcc8Successful trading,<\/p>\n

            Steve<\/p>\n

            The Options Coach<\/em><\/p>\n

            <\/h4>\n

            <\/h4>\n

            <\/h4>\n

             <\/p>\n","protected":false},"excerpt":{"rendered":"

            Sold 100 Shares of Nvidia On July 7th, I acquired 100 shares of Nvidia (NVDA) through assignment of a $160 strike Put option I had sold on July 2nd. Today, I sold these shares at $162.70, locking in a capital gain of $270, plus the $280 premium from the original Put sale. Trade Details: Bought: […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-15592","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-43u","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15592"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15592\/revisions"}],"predecessor-version":[{"id":15606,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15592\/revisions\/15606"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}