I have been managing my trade on on NBIS since I bought 100 shares on 6/24/2026. The stock has fluctuated between $270.8 and $160 since then, and currently stands at $218.16 as of 7/23/2026 close.
My first and foremost goal is preserving initial capital deployed. I sell covered calls to lower my cost basis and manage the trade by rolling the covered calls as needed to adjust for the wild swings.
NBIS fell from $287 on 6/18/206 to closed at $257 on 6/24/2026. I bought the shares at $259.3 and sold a $270 covered call for 7/17/2026 expiry. The goal was to take assignment and bank $3850 as maximum target Profit on the trade.
The stock had had a couple of wild swings over the last month. Below is my trade History by date.
[Trade Log](https://preview.redd.it/jtxbb94g0zeh1.png?width=1292&format=png&auto=webp&s=2b63eaa7e0eead7ad8680ab688ee2cf13b9e8790)
Throughout this period, with all the fluctuations in the stock. I have now reduced my cost basis from $259.33 to $198.35. Hoping the stock stays above $220 (and all signs point to that for now) and my max profit will be $2165. I am OK with it.
On 7/17, the stock closed at $178 and was down to $164.5 intra-day (my Initial covered call) . If I had done nothing , my call would have expired. netting me $2780. My cost basis would have been $231.5 ( $259.3 - $27.8) , and my loss would have been ($231.5 - $178) = $5350 on paper.
As it stands today , i stand to get assigned, hopefully at $220. It is a smaller profit that originally planned, but not complaining at all. Preserved my capital so far.. Not over yet till the fat lady sings.