Personal Milestone: 20240516 marks a memorable day for me as I placed my first-ever options trade. With a bullish outlook on $Micron Technology(MU)$ and $NVIDIA Corp(NVDA)$ , I ventured into the options market. Trade Details:Trade Execution: After market opened at 9:30 ET on the 16th, I purchased MU options contracts set to expire on 24th June, with a strike price of $140, labeled "MU 20240624 140.CaLL."Purchased 2 $NVIDIA Corp(NVDA)$ call contracts set to expire on 24th june, with a strike price of $960, Contract cost $40.9625Confidence Level: I had a strong conviction about the short-term target price, which was a key factor in my decision to trade.Transaction Su
Personal Milestone: 20240516 marks a memorable day for me as I placed my first-ever options trade. With a bullish outlook on $Micron Technology(MU)$ and $NVIDIA Corp(NVDA)$ , I ventured into the options market. Trade Details:Trade Execution: After market opened at 9:30 ET on the 16th, I purchased MU options contracts set to expire on 24th June, with a strike price of $140, labeled "MU 20240624 140.CaLL."Purchased 2 $NVIDIA Corp(NVDA)$ call contracts set to expire on 24th june, with a strike price of $960, Contract cost $40.9625Confidence Level: I had a strong conviction about the short-term target price, which was a key factor in my decision to trade.Transaction Su
The time to sell puts has arrived. $NVIDIA Corp(NVDA)$ caught me off guard. I saw the stock price take off yesterday and thought it was just Dell carrying it higher, not a big deal. Today someone reminded me NVDA has earnings next week - I had the report date wrongly marked as the 31st. Time to sell some at-the-money options to take a breather, like the $NVDA 20240524 950 PUT$ . The $NVDL 20240524 43 PUT$ is also an option.Not sure if it rallies through earnings, but the run-up into the print is likely underway, along with other semis like AMD, SMCI, TSM etc. Strategies can include buying stock or selling puts. Not
The time to sell puts has arrived. $NVIDIA Corp(NVDA)$ caught me off guard. I saw the stock price take off yesterday and thought it was just Dell carrying it higher, not a big deal. Today someone reminded me NVDA has earnings next week - I had the report date wrongly marked as the 31st. Time to sell some at-the-money options to take a breather, like the $NVDA 20240524 950 PUT$ . The $NVDL 20240524 43 PUT$ is also an option.Not sure if it rallies through earnings, but the run-up into the print is likely underway, along with other semis like AMD, SMCI, TSM etc. Strategies can include buying stock or selling puts. Not
The time to sell puts has arrived. $NVIDIA Corp(NVDA)$ caught me off guard. I saw the stock price take off yesterday and thought it was just Dell carrying it higher, not a big deal. Today someone reminded me NVDA has earnings next week - I had the report date wrongly marked as the 31st. Time to sell some at-the-money options to take a breather, like the $NVDA 20240524 950 PUT$ . The $NVDL 20240524 43 PUT$ is also an option.Not sure if it rallies through earnings, but the run-up into the print is likely underway, along with other semis like AMD, SMCI, TSM etc. Strategies can include buying stock or selling puts. Not