$T-Rex 2X Long Nvidia Daily Target ETF (NVDX.US)$ what happe...

10baggerbamm : if you look at the options and you don't know what you're looking at right now with today's expiration at a 17 strike they're over two dollars so somebody who doesn't understand would say I'm going to sell a call naked and I'm going to collect $2 because the stocks only at 15 and 1/8 and you're going to get screwed blue and tattooed because that option includes the $2 and change for the distribution. so for today's expiration whatever option you're looking at you need to understand there's no free lunch that they factor in that $2 distribution into those strike prices so really you're looking at 15 and 1/8 + $2 in change so that puts this ETF at 17 and a quarter and that's how you need to factor it against those contracts.
for January 3rd everything is correct relative to the current price of the ETF so if you want to sell calls for January 3rd or beyond or by puts whatever those strike prices are correct relative to the current price of the ETF