My trading plan

3 nov 2023

NVDA should go down into my support zone within the coming weeks. I think it will go to the bottom of my support zone at 258$. So I am buying puts with a strike price really close and around 258$. and since I trade on the weekly you need to give it time to play out. So the expiration date is tricky as they are trying to hold it up for some reason but I wonder how long they can wait until they want more monies. So try at least minimum 2 weeks away and keep rolling it but I wonder how long they can wait. Anyways puts on NVDA are really cheap right now and the RR would work out tremendously in your favor if you do decide to buy some puts.