I purchased 4 NVDA $130 calls for $1220 total expiring 2/14
I just rolled all 4 to 2/21 (same strike) for a $556 net debit.
My plan next week Monday or Tuesday (assuming NVIDIA is at least $140) would be to roll once again (for probably a $1300 debit) to the same strike but 3/7 expiry.
Position is sized overall so that I don’t care if I expire worthless.
Exit would be probably at least somewhere above the previous ATH.
What are the holes here? I expect NVIDIA to smash earnings, but there has lately been a drop after good earnings. But, I expect them to A) dispel DeepSeek fears on the call and offer a strong forecast
I expect an IV drop, but hoping getting in early enough will limit my IV crush.
What am I missing?