[Closing Position in Nvidia (NVDA) Puts]
Dear Member:
Nvidia (NVDA) has stopped or at least paused in its drop so it looks like a good time to take the rest of my profits in the Jun 35 puts (UVARG). I am placing an order to sell to close the Jun 35 puts (UVARG) at a limit of $8.60. If filled, that will result in a before commission gain of $2 a share on the remaining contracts and a return of 35.7% on these contracts in only 6 days!
Disclosure: At the time of publication, I own the referenced puts on NVDA>
Sincerely,
Bill Kraft
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