Flochin
11-19
$NVIDIA Corp(NVDA)$  

I once accumulated 100+ NVDA shares @$120+ and repeatedly sold calls thereafter.   Finally it was exercised at $132.  I then started selling short term put @$125 strike price.  So far I only managed to collect premiums but not the shares at the target price desired.  

I am long term bullish for this stock.  However I am expecting short term volatility in either direction.   

Prior to the earning announcement, I took the following actions: 

1. Buy Jan 17 $140 call

2. Sell Nov 22 $160 call   

3. Sell Nov 22 $125 put 

The premiums for my shorts are lucrative due to the market volatility.   My view is, the stock is likely to land in the $145-155 band after the earning annoucement.   

Will definitely adjust my strategy based on the actual results after the earning announcement.   Wish me luck [Miser]  



AI Hype Shifted? Is NVIDIA at $130 a Buy?
Nvidia drop 4% yesterday. Investors seem to view NVIDIA as a prime candidate for adding positions during pullbacks. However, some believe that the AI hype has shifted toward AI applications, limiting NVIDIA's future growth potential. Would you buy Nvidia at $130? Any other AI picks?
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Comments

  • Tiger_comments
    11-19
    Tiger_comments

    congrats on your gains from Nvidia!!!

    Wish you luck and future profits from your calls and puts!

  • InverseCramer
    11-19
    InverseCramer
    Well done!
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