NaughtyPines

Rolling: NVDA April 14th 250 Short Call to 245

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NASDAQ:NVDA   NVIDIA
... for a 1.65 credit.

Comments: Adjust individual positions first if your portfolio net delta gets out of whack, then look at adding a portfolio-wide delta hedge thereafter if that hasn't done the trick (is the general rule). Doing that here with my NVDA position, on which I've collected a total of 45.95 on a now 20-wide inverted (April 14th 245C/265P) with a 219.05 downside break even. Net delta in the position remains long, so it could benefit from a bounce.
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