What should be the strike price and contract duration ? NVDA PUTS byu/Imaginary_Food_8592 inoptions Posted by Imaginary_Food_8592
InfinitelyManic on September 4, 2024 2:57 am Are you selling or buying? How much are you willing to risk?
Striking-Block5985 on September 4, 2024 3:05 am if it were me I’d do a put debit spread, I’d wait to see if the market re-traces if turns over get in after confirmation of that say a 94/95 PDS for about 20c for oct monthly exp 10 contracts risking $200 to make a max of $800 I’d scale out at least half if NVDA goes down to 100 there is a ex div on 12th so keep that in mind on exp and taking profits
lobeams on September 4, 2024 3:57 am If you’re looking to buy puts on NVDA you’re late to the party. You’ll probably hit 100% loss if you buy them now.
6 Comments
At least 5.
Are you selling or buying?
How much are you willing to risk?
Buying Puts
if it were me I’d do a put debit spread, I’d wait to see if the market re-traces if turns over get in after confirmation of that
say a 94/95 PDS for about 20c for oct monthly exp
10 contracts risking $200 to make a max of $800
I’d scale out at least half if NVDA goes down to 100
there is a ex div on 12th so keep that in mind on exp and taking profits
If you’re looking to buy puts on NVDA you’re late to the party. You’ll probably hit 100% loss if you buy them now.
How much you can afford to lose :p