[Trade idea in NBIS collecting premium from an expensive call sale](https://preview.redd.it/lej951vvhuah1.png?width=432&format=png&auto=webp&s=6c496500fd2e1dd284054fe0c3427998118eb5d1)
I got deltas positive again with the market softening so was looking to reduce it. NBIS calls looked very expensive, decided to sell 290 call in August.
Below is agent's reasoning. I kinda agree with it. There is a risk because of earning event.
Still, 30 delta call with 40% above the current price, with fat estimated return on capital is a good bet. I put an offer at 16.3
`I would sell the 290 call. IV rank at 95.83% and IV percentile at 99.63% drove the decision, since options price at the top of the one-year volatility range.`
`The 290 call fits the negative view without taking the highest delta on the board. I selected the farthest listed call because it cuts price sensitivity while the premium remains worth selling. No completed trade history surfaced, so this trade stands on current pricing.`
`The risks come from liquidity and event timing. Options liquidity rates as tradeable but not deep. Earnings fall in 34 days inside the contract life. The 290 strike is below the 52-week high of $299.86, so the naked call still carries real upside exposure.`
Upd: filled at 16.3