As the Market Gives Us Lemons, This Nvidia Collar Might Just Taste Like Lemonade

No attractive equity longs? Check. No attractive fixed income longs? Check. I guess it's time for that thing I do when beggars can’t be choosy — a collar. However, even collars can be tricky when volatility rises as it has. 

So, where did I land to try to find an idea that stays true to my risk management mantra? Nvidia (NVDA) collar, out to December. More on that below.