Boosting Weekly Income with NVDA: How I Sold a Cash-Secured Credit Spread Alongside My Covered Call

On May 22, 2025, I sold the following bull put spread on NVDA, expiring Friday, May 30, 2025:

• Sold 1x NVDA $117 Put

• Bought 1x NVDA $112 Put

• Net Premium Collected: $35 (after commissions)

• Max Risk: $500 (defined by the $5 strike width minus premium received)

This trade structure gives me a buffer down to $117 and protection starting at $112. Should NVDA close…