Please be sure to review all of the material before entering any trades to your account. We are closing out of our Condor Position in NVDA before expiration because some of our members were wondering how to handle the assignment of the calls we are short on the call side of the condor. It’s better to close out now, and work to make back the loss using Silvergate as our go to position for cash credits and then reposition in NVDA when the time is right. Simply follow the instructions in the video below and wait for my next Expiration Week Alert that will come out this weekend.
See video Link below.
I’ve also attached a PDF file that shows the actions, and prices, for the trades you’ll need to make to close out of this condor position. Keep you eyes on your mailbox, as I will be sending out the Expiration Week Alert over the weekend.
Enjoy the rest of your day.
