Chances of NVIDIA dropping lower are higher then the upside
I expect the overall market (see DJI and S&P) is setting up for another drop.
When the market rises more, I will add put contracts to my position to lower the average buying price. (Max another 5K)
I will evaluate to hold or sell when the price goes to the lower point of the wedge.
Position:
Put 19.06.20 NVIDIA 175 warrant (DE000VA37Z47) Borse Frankfurt
Bought: 15500 contracts * 0.32 euro = 4.960 euro
Sold:?
Ps: I will update when I sell my position with a win or loss.
Probably next week.
Trade on your own risk.
When the market rises more, I will add put contracts to my position to lower the average buying price. (Max another 5K)
I will evaluate to hold or sell when the price goes to the lower point of the wedge.
Position:
Put 19.06.20 NVIDIA 175 warrant (DE000VA37Z47) Borse Frankfurt
Bought: 15500 contracts * 0.32 euro = 4.960 euro
Sold:?
Ps: I will update when I sell my position with a win or loss.
Probably next week.
Trade on your own risk.
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