Trade of the week ending 23 August 2024: Profit +$2334

#tradeoftheweek Aug 23, 2024

30 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.