Trade of the week ending 23 August 2024: Profit +$2334
Aug 23, 202430 days ago sold 24 contracts Nvidia (NVDA), $85 PUT at $0.98, expired 23 August. Total premium profit after fees $2334. This was the day of the sudden correction in the market and I took the opportunity to potentially pick up some NVDA shares at $85. However, the market bounced back up ($129 on expiry) and the option expired OTM.