Terra_Incognita
10-30 23:52
$NVIDIA(NVDA)$ NVDA: taking loss. 

Will be the 3rd consecutively bearish week after today's close so most bullish bias trades are losing trades. 

This Bull Put Spread on NVDA at $225/$220 was no exception. Closing with 4 consecutive weeks of lower price so will be taking a max loss trade with assignment. 

I've also initiated the assigment for my long outs so they will cancel out nicely when market tallies on Sat. 
NVDA
10-30 13:10
USNVIDIA
SidePrice | FilledRealized P&L
Buy
Open
225.00
1,200
--
Closed
NVIDIA
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Comments

  • tiger lady
    10-31 00:29
    tiger lady
    Selling covered calls can be a good strategy as long as you select a strike price at which you would be willing to allow your holding stock to be called away. The covered call will help generate income during the holding period and lowers the original position’s cost basis.
  • Marialina
    10-31 00:03
    Marialina
    Four red weeks hurts, but AI infra names like this can stay messy short term and still work big over the next few years.
  • AuntieAaA
    10-31 00:37
    AuntieAaA
    Good
  • Brando741319
    10-31 00:14
    Brando741319
    Good
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