Today, 03/22/2024, a rocket day for NVIDIA stock, it closed at $942.89, which is 7% increase compared to last Friday close of $878.36. This week, I closed out all my puts positions, and did not open any new positions. I have been thinking about the lessons learnt for me this week in NVIDIA option trading,
Today, 03/21/2024, another up day for NVIDIA stock. Actually, it is a up day for many semi-conductor companies’ stocks mainly because of Micron’s earning report yesterday. No action taken today on my part on NVIDIA option trading, as I am still observing price action. I have not decided whether or not to do any trading
Today, 03/20/2024, definitely a up day for NVIDIA stock. It opened at $898.90 and closed at $903.72. In after-hour trading it increased another $8.34 to $912.06. The interesting thing about today’s trading is that all three major US index were almost flat prior to the rate decision announcement. And, right after that, NVIDIA stock started
Today, 03/19/2024, is a roller-coaster day for NVIDAI stock. It opened at $867 and dropped all the way down to $850.10 during early-hour trading, and then reached to $905.44 during mid-day trading. And, then the price started to drop again to $888ish. But, it closed pretty strongly at $893.98, which is about another 1% gain
Today, 03/18/2024, is another interesting day for NVIDIA stock. It opened at $903.88 and hiked up to $924.05 in the early-hours trading, but did not hold the price, closed at $884.55. Which is about 1% increase from last Friday’s close price of $878.36. And, more interestingly, that the stock price further dropped to $869 at
Today, 03/15/2024, I would say NVIDIA stock kept as same as yesterday, today stock price closed at $878.36 compared to yesterday, it closed at $879.44. The stock price fluctuated about 4% within the day from the high at $895.46 to the low at $862.57. After-hour the stock price increased to $881.85. I think it started
Today, 03/14/2024, is another down day of NVIDIA stock. It closed at $879.44, a 3% drop from previous day (03/13/2024) close at $908.88. I did sell a put on NVIDIA with a not aggressive strike price and expiration date of next Friday. I will see how this put will turn out. 3/5/2024 03/06/2024 03/07/2024 03/08/2024
Today, 03/13/2024, NVIDAI stock interestingly opened at $910.55 dropped from previous day (03/12/2024) after-hour close at $931.2 . The low of today is $884.35. Price fluctuated about 3% today. No action taken at my side on NVIDIA option today. I wanted to observe price-action for a little bit more. If tomorrow is a down day,
This is my 4th week option trading on NVIDIA. To re-cap the first 3-week: return is about 10% for the 3-week period. The big question is – is the return repeatable or sustainable? If the answer is yes, then it would be like 120% return for a year. I do not know the answer. Today,
I started option trading 3 weeks ago, and it generated about 10% return for the 3-week duration, which is quite lucrative for the time period in my opinion. But, the real question is – can the return be consistent or sustainable month or month? If the answer is yes, then you are talking about 10%