galileotrader
May 21, 2:22 PM
$NVDA
As per my analysis yesterday before earnings I promised you what I would do.
$10.46 position started on
$NVDQ backed by
$10 puts expiring June 18 at .80 for a
$11.26 breakeven.
I fully expect the AI sector to experience a sell off before SpaceX as capital reallocated
$200 puts June 18 can work well here too.
Proceed at your own risk. This is a larger portfolio play for me backed by insurance in case something backwards happens.
Gamma profile + and will suppress further upside until next month and clearly the earnings didn’t get you guys all excited enough to buy this up today.
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