NVDA Iron Cockroach – adjustment

Trade placed when NVDA @ $543, currently @ $532. Rolling out the Put spread to Jan 29 buying more time for a debit of $0.49 – so net credit now $5.91. Look to layer on a credit call spread when the 545 / 550 expires on Friday.

Original trade:

(STO NVDA Dec 18, 545 / 550 Call credit spread @$2.16 credit for the $5 wide spread.

STO NVDA Dec 18, 540 / 530 Put credit spread @$4.24 credit for the $10 wide spread).

#IronCockroach