NVDA - MyMI Option Plays - PUTs
Updated
NVDA hit resistance yet again at $394.97 so we closed our Calls this morning and captured some decent profits.
We have purchased some PUTs to carry us over the weekend for a cool-off period before the markets continue pushing forward if they even push much further than here.
We believe volume has leveled out across different stocks now after all the profit taken and NVDA and other Tech carrying the Markets higher.
We have purchased some PUTs to carry us over the weekend for a cool-off period before the markets continue pushing forward if they even push much further than here.
We believe volume has leveled out across different stocks now after all the profit taken and NVDA and other Tech carrying the Markets higher.
Note
Chart for Clarity: 
Trade active
Note
Note
For clarity
Trade closed: stop reached
Close this trade after NVDA and other Tech Stocks had a nice bounce to the upside. Watching NVDA to see if it retest the $404 before potential buying additional puts to see if NVDA falls into a Head and shoulders on the 1-2 Hr charts. Will create new post once we have initiated the trade.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.