I'm long term bullish on NVIDIA.  However, it's been extremely volatile with the share price fluctuating in the range of <$170 to $195+ for the past one month.   

To capture some profits along the way riding on the volatility wave, I had been capturing some premiums by taking the following steps: 

- selling weekly $165 put (when shares slipped to < $170 and undergoing a quick rebounce) 

- instead of buying more shares, I bought one time Jan 2026 $168 call (when shares slipped to <$170; this serves as synthetic shares to cushion further short of higher value calls)

- selling weekly $195 covered calls (when shares rebounced above $185 and premium looks lucrative)

So far so good, this strategy works for me [Miser]