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…
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