Beginner guide on buying nvda 🐶📈 Why I Bought NVIDIA Around $219 and Sold a $205 Cash-Secured Put — My Options Puppy Strategy SG61 Trading Arena for SGX Listed Securities!
🚀 NVIDIA was trading around $219–$220, and I decided to do two things at the same time: I bought a small amount of NVIDIA shares around $218.86, while also selling a cash-secured put with a $205 strike price, collecting a $10.20 premium. For me, these two trades are connected. I am not simply chasing NVIDIA because the stock is famous or because everyone is talking about AI. I am trying to build a price ladder where I can participate if NVIDIA goes higher, while also getting paid if the stock comes down. 🐶 My Options Puppy approach is simple: I want to own NVIDIA, but I don’t necessarily want to buy all my shares at today’s market price. If NVIDIA falls significantly, I would rather have a predetermined price where I am comfortable buying more. The $205 put gives me that opportunity. At th
$NVIDIA(NVDA)$ 🚀 NVIDIA was trading around $219–$220, and I decided to do two things at the same time: I bought a small amount of NVIDIA shares around $218.86, while also selling a cash-secured put with a $205 strike price, collecting a $10.20 premium. For me, these two trades are connected. I am not simply chasing NVIDIA because the stock is famous or because everyone is talking about AI. I am trying to build a price ladder where I can participate if NVIDIA goes higher, while also getting paid if the stock comes down. 🐶 My Options Puppy approach is simple: I want to own NVIDIA, but I don’t necessarily want to buy all my shares at today’s market price. If NVIDIA falls significantly, I would rather have a predetermined price where I am comfort