$NVIDIA Corp(NVDA)$ $NVIDIA Corp(NVDA)$ $NVIDIA Corp(NVDA)$ ‌$NVIDIA Corp(NVDA)$Bought 20220916 140Put on 24/8/2022 at $1.15 in anticipation of poor earnings and outlook for future sales. The next day, lost about half the option value due to wrong price direction and volatility collapse. The following day, position became profitable. Didn't expect the stock price to fall through $150. Closed half my position at $2.40, and for the remaining half-size, initiated a Put spread and sold 20220916 135Put at $1.72. This 2nd leg will lock-in my position at 50% profit in the worst-case scenario, and $5 profit in the best-case scenario upon expiry. About 1 week remaining with no idea where the stock price is going. If the price drops to $120, I have another Call option order waiting to begin the next trade cycle.