Hey everyone. I wanted some opinions surrounding a strategy I’m sure many here have done or attempted.
My plan was to purchase call options for June 18th for an OTM strike price and sell a few days before the earnings call.
The goal of this is obviously to avoid much theta decay and capture that IV spike.
I will not be waiting for the earnings call. I want to minimize risk of theta decay.
Historically, NVDA has done really well in the earnings call run-up, much like PLTR and MU.
Any considerations or opinions before I proceed with this? Thanks.