Was so certain that these 2 lot of NVDA were as gonna be assigned during early trade on Friday. However the PCE report came in inline with analyst have lifted market's sentiment that rate cut may be back at the table after this report. The market headed back up and NVDA closes almost $2 higher than my strike, thus this option expired worthless. Kept my funds (for now, at least ) and the full premium collected.
Not sure if the sell-off has ended, the market's worries are more than just inflation and rate cuts at this moment, thus, selling pressure may still persist. Still holding a nore cautious approach ahead. $NVDA 20250228 123.0 PUT$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: