Apr. 13 at 10:32 PM
🍎 Buying
$NVDX LEAPS (the
$10.43 Call options) that expires in January 2028 for an average price of
$8 each today. With the shares sitting at
$16.29 tonight I’m only paying
$2.14 of premium while controlling the shares and owning the growth for the next 21 months. If NVDX doesn’t cover the premium in 21 months I’d be extremely surprised. And in reality I truly expect these shares to be multiples higher. This is one of those easy decisions that will just quietly grow in the background and deliver a pile of cash whenever it expires or I decide to close it out.