stockpivot

Free Money on NVDA $ 870 by 25 Aug

Long
stockpivot Updated   
NASDAQ:NVDA   NVIDIA
Buy 100 Share at $446.65

Sell 1 Deep ITm covered Call for $ 390 at $ 65.20

Outcome - this will be 100% Assiggment

You will be assigned share at $ 390 So you lose $ 56.65 on Share and you make $ 65.20 on share

Net Profit $ 870 Free money effort less

Comment:
You will be assigned share at $ 390 So you lose $ 56.65 on Share and you make $ 65.20 on the call

as Call Premium collected is $ 65.20

So Collect $ 65.20 and lose $ 56.65 = Net Profit of $ 8.55
Comment:
NVDA Jumped and Share price is above strike Price So share will be assigned as alerted and Free money is made
Comment:
Trade will be Closed on Friday and share will be assigned = Money is made with safe trade

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