[Closing Short Leg of Nvidia (NVDA) Spread]
Dear Member:
Nvidia (NVDA) continues to show some strength so I am placing an order to buy to close the Jan 37.50 calls (UVAAU) at a limit of $2.65. That would represent a loss on the short leg, but, of course, I still own the Jan 40 calls and will see if I can turn the whole trade profitable with that leg.
DISCLOSURE: At the time of publication, I have a 37.50/40 bearish call spread on NVDA.
Sincerely,
Bill Kraft
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