Nvda earnings play. Selling covered call with iv crush effect.

Sell covered call at strike 160, 2 dte nov 22/24, premium 125, delta 0.17, iv 112%. Notice the delta is positive, meaning it has 17% of getting call away. All calls are positive decimal, puts are all negative. If you are selling put csp, and the delta is -0.20, it means it has 20% of getting assign. But, the most importantly is , dont sell naked calls. I repeat, you must have 100 shares in order to sell covered call. If price goes pass 160 upon expiry, you must deliver 100 nvda shares at 160 to your buyer. I seldom do sell covered call except during earnings season.   The inflated iv is 112% , double or triple during earnings, so im playing the iv crush effect, collecting 125 premium in 2 dte +1 because it includes the actual expiry date on Friday aswell. But before deciding to do sell covered call, please don't regret if your shares get call away, or you lose out on the extra 5 or 10 dollars per share  capital gain if the share  goes  to 165 or 170 upon expiry. You have to accept it and move on.  The main thing is, you are happy to sell 100 shares at 160 and receive a premium while waiting for it. If doesn't hit, you get to keep the premium. If it hits, it's a win win situation, you sell at capital gain and collect the premium 😃 😊, every body  happy.