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IV crushing will crash the option premium even you are right

Option Buyer of call or put will get their IV crushed badly tonight. Nvidia just moved 1-2% after hours post earnings call.
I made a few “low risk” bet on nvidia earnings. Not being greedy for 1-2 weeks yield >1% especially across earnings, hence you can see I give a big margin to my strike price.  

However , please remember the core of selling puts is you don’t mind to buy out the share at that price.
IV crushing will crash the option premium even you are right
IV crushing will crash the option premium even you are right
IV crushing will crash the option premium even you are right
#nvda #option #qqq #smh
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