On 4 Mar, $NVIDIA(NVDA)$ price was moving below one of its support level at $113. Considering that the price is about 34% below the average price by 53 analysts, I have decided to start the wheel strategy on NVDA. Hence, I have set aside $9,500 and did a sell put on NVDA, DTE: 4 Apr 2025, Strike price $95, credit collected $260 (approximately 2.7% for 1 month). My wheel strategy, which is my main option strategy for long term capital grow. To me, the wheel strategy is a must know option strategy for investors. I hope the chart above is self-explanatory of the method. Choose the underlying that has fundamentally great business and has demonstrated consistent profits. This strategy is especially useful when market starts to pullback. So, back to the