I closed 1 lot(s)
$NVDA 20250516 80.0 PUT$ ,
NVDA managed to hold the $97 level again.
$97 was a crucial level for NVDA as it had been a strong support level (the last time this level was tested was back in Aug 2024), and NVDA had been trading above this level since then.
Got in the cash secured put position when NVDA around $96-97, and closed this position when NVDA was around $99.30 earlier.
Due to market uncertainties now, its hard to predict what would come out of this situation. But for now, will be sticking to the level of support / resistance closely, getting in and out of option positions quicker (avoiding swing positions), securing some gains whenever there are opportunities.
Trade safe Tigers!
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