I sold one NVDA $210 put expiring 8/28 and collected a $590 premium.
NVDA is currently around $208.34, putting the option slightly in the money. My effective breakeven is $204.10, and I’m comfortable owning 100 shares at that price if assigned.
The implied volatility is over 100%, so the premium was attractive, but this is obviously a very short-duration trade with plenty of risk.
Would you let this run through expiration and accept assignment, or close/roll it before Friday? Interested to hear how others would manage it.