Earlier when I reported buying a NVDA Call as part of my NVDA split strategy I wrote that I’d be buying more NVDA Calls. I said I would buy 1 or 2 contracts the day of the split. If the stock split at $800 with a 4:1 split I would buy the $200 LEAPS Call. I also mentioned I might buy the LEAPS before the split. Well today NVDA is down, so with the stock at $818 I decided to buy the LEAPS today. I bought 1 contract of the NVDA 1\/20\/23 $820 Call for a huge premium of $164.<\/p>\n
<\/p>\n
Buy to Open 1 NVDA 1\/20\/23 $820.00 C @ $164.00<\/strong><\/p>\n I predict (which means nothing) the stock will split at about $860. If the stock gets higher I might sell this position and buy another after the split. If I don’t sell this position I’ll hold it through the split and it will be my long term hold. Hopefully the stock will pop because it’s more affordable in the $215 – $220 area. I’ll end up with 4 contracts.<\/p>\n I buy LEAPS as protection. I do not plan on holding this position until January of 2023. If the stock pulls back for some reason I have plenty of time for the stock to recover. I hope to sell this position before the end of the year.<\/p>\n <\/p>\n Any questions send me an email.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Earlier when I reported buying a NVDA Call as part of my NVDA split strategy I wrote that I’d be buying more NVDA Calls. I said I would buy 1 or 2 contracts the day of the split. If the stock split at $800 with a 4:1 split I would buy the $200 LEAPS Call. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-11897","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-35T","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11897"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11897\/revisions"}],"predecessor-version":[{"id":11898,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11897\/revisions\/11898"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}