mster
07-18

I opened 1 lot(s) $NVDA 20240726 108.0 PUT$  ,Queued for this Put contract and went to bed. Viola! Woke up to seeing this has went thru, very much when NVDA was at its lowest range at last night’s trading. The price in a single day has broke pass the 20 &40 EMA, not a good sign, it should be getting support from the 50 EMA for a while before it goes even lower. This 108 strike is nearing the bottom side of the channel NVDA has been trending within this year. Likely will take assignment of this lot if the price do drop to my strike by next week.
NVDA PUT
07-18 00:49
US20240726 108.0
SidePrice | FilledRealized P&L
Sell
Open
1.20
1Lot(s)
--
Closed
NVIDIA Corp
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Comment（8）

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  • HiTALK
    ·07-18
    TOP

    Well done on the Put contract timing! NVDA’s break past the 20 and 40 EMA does indicate potential trouble. Monitoring the 50 EMA for support is a sound approach. Be ready for assignment if it drops to your strike.

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    • mster: 
      Thanks. Yeh, will likely take assignment if the price do dip to the strike come end of next week. However if the price do fall well below, I may roll it lower and further.
      07-18
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  • Xiia
    ·07-18
    TOP

    Great move on the Put contract! Catching NVDA at its lowest range shows excellent timing. Watching how it interacts with the 50 EMA will be crucial. Your strategy to take assignment if it drops to your strike by next week is a solid plan.

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    • mster: 
      🙏. Appreciate your comment 🤞😅
      07-18
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  • PTOL
    ·07-18
    TOP

    What are your plans if NVDA doesn’t find support at the 50 EMA?

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    • mster: 
      Will likely take assignment if the price do dip to the strike come end of next week. However if the price do fall well below, I may roll it lower and further.
      07-18
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  • riffy
    ·07-18
    Wow, amazing timing
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  • 新手保存
    ·07-18
    k
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