It was a week of price turbulence for $NVIDIA(NVDA).  Based on the earnings and forecast, I remain cautiously bullish for the long term.  I have confidence over its management to do a good job and adjust the business plan from time to time accordingly.

I am not overly worried.  However, it is good to have a strategy and risk mitigation as an investor.

Before the earnings announcement, I guessed the price to be in the range of $180-185.  So I bought 2 Aug 29 $165/$175 bull spread pair for $5.30, hoping to make a gain of >40%. On Aug 29, it went thru price correction and closed at $8. I am good with that, no-issue.   My other short puts and covered call as indicated in the attached expired worthless.  In other words, I captured the full values.  While the share price went thru correction, I accumulated additional shares.  

I am now ready for the next market move.  Likely to start another round of covered calls.