[Nvidia (NVDA) Information Regarding Contingent Stop]
Dear Member:
With options expiration today (technically noon tomorrow, but we can't trade tomorrow), the Jan 35 calls (UVAAG) I am short on NVDA seem far from exercise with the stock trading at $32.12 currently. Out of an abundance of caution, I have placed a contingent order as follows: contingent upon NVDA (the stock)going above $34, buy to close the Jan 35 calls (UVAAG) at the market. This is a day order only and I would not expect it to be hit, but it is one of those better safe than sorry things.
DISCLOSURE: At the time of publication, I am short the Jan 35 calls and long the Jan 40 calls on NVDA.
Sincerely,
Bill Kraft
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