As you know this is my main money maker, I think its the time for NVDA to take a breather so that It can continue its Awesome Growth. I am reducing my leaps from 40% of my a/c to 10% of my a/c and buying 5% worth of short-term puts ending in April. Hope you guys got 300X ROI on this trade :). I will update this chart if anything changes, but for now, I am sticking with my plan. Thanks!
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according to my previous analysis, the top is not yet met. So, I won't be buying the puts, however, I am reducing my position to realize some gains. Thank you.
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;) you are welcome. Though I had a small position. It was a good day.
Are you adjusting your forecast for the correction?
UnknownUnicorn1020621
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@Mark.obradley, I don't know how it will go to 168 but that's my pt.
mark.obradley
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@Avasreader, thanks for your insights. I agree for sure
UnknownUnicorn1020621
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@Mark.obradley, Beter to hold cash until the dust settles, then buy the low.
UnknownUnicorn1020621
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@Avasreader, Target is not the price but the fib channel.... so it could be 168 if there are more voilent drops like this week or it could be 208 by may if the correction is slow.