Would it be madness to sell put options for NVDA during the profit cycle?

I am considering selling cash-secured put options.

Based on the volatility of profits and the possibility of positive returns, I plan to conduct a detailed investigation of NVDA next week.

I plan to sell 40 weekly put options with an exercise price ofbetween 118 and 120, and receive a premium of at least $3 for each option. Taking into account past records, this seems like a relatively safe bet.There is minimal risk as long as the stock price does not drop by at least 10% after profits. I am 70% confident, but I can't be certain.

The worst-case scenario is to sell ITM call options based on profits allocated after dividends and close the position.

The best-case scenario is to close the position at a 40% premium before profits.