$NVIDIA Corp(NVDA)$  Right after the earning announcement, the stock price fluctuated between $140.70-$152.89.  My original estimate was $145-$155.  I suppose I am not that far out.  


I reviewed the strategy I setup prior to the earning session.  All 3 options are in the 'green/profitable'.  I did further adjustment accordingly:

Long Jan 17 $140 call - keep it running

Short Nov 22 $160 call - rollover to Nov 29 $155 call, captured gain

Short Nov 22 $125 put - little value left, likely to expire worthless.  So leave it as it is for potential full value capture.  After all I don't mind buying at $125 for long term investment.    

Will monitor and adjust the strategy on a weekly basis.  



# Nvidia Rebound: Still a Long Term Bet?

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  • Chesterton
    ·11-22 16:19

    Haha very clever moves. Short IV and let the LEAP call run itself

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  • frosti
    ·11-22 16:21
    Nice adjustment on those options! [Great]
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