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I sold a put on Nvidia.
Here is exactly what happened.
Nvidia was below the EPS growth line.
I acted.
Premium collected instantly: $25,000.
Cash in my account: $0.
What a cash secured put would have needed: $150,000 sitting idle.
What I did with the $25,000:
Bought Nvidia LEAP calls with part of it.
Bought Nvidia shares with the rest.
My base portfolio secured the put.
Not $150,000 in cash.
Every dollar worked on the way up.
Sold put.
Collected premium.
Bought shares & calls.
Everything worked.
Ratios in check to manage risk
That is the whole system in one trade.
Portfolio secured put wins again.