NVIDIA Corporation

Opened (Margin): NVDA January 21st 220/360 Short Strangle

172
... for a 6.15 credit.

Comments: Ooops. Missed one. Filled this on Friday. Rank/implied at 96/66 with earnings in the rear view mirror. 6.15 credit on buying power effect of 28.24; 21.8% ROC at max; 10.9% at 50% max as a function of buying power. Went higher probability of profit with lower delta strikes due to slightly shorter duration than I usually do (35 days 'til expiry).

Will look to take profit at 50% max; manage sides on approaching worthless/side test.

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