MRVL was hanging around $245–247 when I pulled the trigger. Sold the $230 put for around $5.65, so I pocketed roughly $565 upfront. If MRVL behaves itself after earnings, awesome I keep the $565 and move on 😂 If earnings decides to send MRVL to the basement and I get assigned, I'm effectively getting 100 shares around $224.35. I'm totally fine with that because I'm bullish on MRVL long term anyway. Barchart was showing about an 8.2% expected move, with the downside around $227, so $230 definitely isn't the "safe" strike. There's some spice here 🌶️ And yeah, MRVL has already had a monster run, so a nasty correction wouldn't exactly shock me. I'm definitely not looking at that $565 like it's free money. Worst case, I become the proud owner of 100 MRVL shares 😂 Then I'll sit on them and eventually start selling covered calls and annoy the stock until it pays me back. Let's see what earnings brings 🍿