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EC SD | The NVDA Mar 8 550 puts were $4 yesterday and I bought them back at $0.23 this morning. So $377 gain per 100 share contract...
These were 20% out of the money yesterday so really easy money. I posted about this exact trade last week and even called it "free money" at the time. I do this sort of trade regularly throughout the year and can't remember a single loss in the last 18 months... I am really disciplined on which stocks, strike prices, and timeframes though, since like all things there are some hard lessons to be learned with options trading... | |
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