๐ถ Options Puppy 101: Why I Chose to Sell the NVIDIA $195 Cash-Secured Put (Educational Case Study) Disclaimer: This article is for educational purposes only and explains one possible way an investor might think about a trade. It is not financial or investment advice. Every investor should do their own research and understand the risks before trading options. ๐ Introduction On 16 July, I sold one NVIDIA (NVDA) put option with a $195 strike price and an expiration date of 28 August 2026, collecting a premium of $6.40 per share, or $640 before commissions (one U.S. options contract represents 100 shares). This was not a random decision. Before placing the trade, I looked at the stock chart, moving averages, price action, and my own willingness to own NVIDIA shares if the option were assigned.