NVIDIA
Long
Updated

NVDA Long

448
Daily trend line break
RSI divergence

Earning 11/16/2022 EST: 0.71

Entry 124
Stop 106
Target 150, 190

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
BuyToOpen 2023 Feb Call butterfly C150/190/230 Limit 4.60 Delta 0.15
SellToOpen 2023 Feb Put P90 Limit 4.50 Delta -0.15
Total cost 0.1,
Total delta 0.3,

Option Stop below 106
Trade active
today price is 137.
BuyToClose Put P90 Limit 2.50, remove the downside risk.
Trade closed: target reached
Today price 160, close C150/190/230, limit 10.66

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