Nvda selling call and scrapping $70 to $80 SocGen 0 commission
🚀 Why I Sold the NVDA $200 Put I sold the NVDA $200 put while NVDA was trading around $213.60 because I saw a short-term technical support zone forming and wanted to collect premium while staying comfortable owning the shares if assigned. ⸻ 📉 Reading the Intraday Pullback From the 1-minute chart, NVDA was already pulling back heavily from the intraday high near $218.18 down toward the $213.60 support area. The stock started showing signs of short-term exhaustion after several red candles in a row. I noticed price approaching an important psychological support region near $213–214 where buyers previously reacted. Support and resistance levels are commonly used in technical analysis because prices often pause or bounce around these zones. (en.wikipedia.org) ⸻ 📊 Moving Averages Showing Tempo
$NVDA 20260603 200.0 PUT$ 🚀 Why I Sold the NVDA $200 Put I sold the NVDA $200 put while NVDA was trading around $213.60 because I saw a short-term technical support zone forming and wanted to collect premium while staying comfortable owning the shares if assigned. ⸻ 📉 Reading the Intraday Pullback From the 1-minute chart, NVDA was already pulling back heavily from the intraday high near $218.18 down toward the $213.60 support area. The stock started showing signs of short-term exhaustion after several red candles in a row. I noticed price approaching an important psychological support region near $213–214 where buyers previously reacted. Support and resistance levels are commonly