Sold an NVDA $205 cash-secured put expiring Aug 28
$NVDA had a nice red day, so I figured it was a better time to sell some volatility instead of chasing it higher. Breakeven is around $201.70 if assigned. Plan is to take it off around 50-60% profit if I get the chance before earnings. If not, I’m comfortable owning $NVDA around that price. Slowly putting the tracker to work. Not financial advice.
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6 Comments
Kes @kes_gobi.12.nel · 9d
@don_alonso, if it is a good move for you now, then it makes sense. Who has 100% sold or bought at the “right” time? I'm also considering selling a few shares to have some cash on hand for some unexpected expenses.
David Monroe@d0p3y71 · 9d
Si here’s my question- NVDA was a NOTHING company until 2023 and those investors that climbed onboard are millionaires now. Why would you buy a stock that has the potential to make you very wealthy and throw it away when it slips? I guess if you use that logic and own Goog - a fire 🔥 sale is very in your favor
Hugo @hugo911 · 9d
AUG 2?
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