On: AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake

[SecretDreams]

Totally fair. If you've got a great cost basis, you can stress less. The question then becomes what feels worse:

Watching a position you sold double or watching a position you're holding get cut in half?

[Jlagreen → SecretDreams]

There is one answer to this question which is called options. Selling short term OTM CCs with half of premium being used to buy ITM Calls (1/3 protection of the CC), OTM Calls (protection against gap up) and longterm OTM Puts (earn money when Nvidia nose dives).

[ifwinterco → Jlagreen]

There is no free money from option selling, you are taking some form of directional risk whether you realise it or not