I sold puts on Nvidia. Collected $36,000.


I have had those contracts open for a few months.
Two-year duration.
Could close them today for $23,000.
That is a $13,000 unrealized gain.
34% up. In a few months. On a 2-year contract.
Everyone tells you theta is the only thing that matters in options.
Theta is one of the LEAST important things to me.
What moves a sold put fast is:
- Stock price going up
- Sentiment flipping from fear to greed
- IV collapsing as panic fades
All three happened with Nvidia.
That is 34% in a few months on a 2-year trade.
Not because of theta.
Because I sold fear at peak fear.
Portfolio secured put wins again.
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GateUser-757917a3
· 13h ago
How do you play this?
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