Hey everyone,
About five weeks ago, I opened a $25K position in NVDL (500 shares at 50.3$) when NVDA was sitting around $125. I’ve always been a pretty cautious investor, but after watching some colleagues pull in strong gains over the past year,I decided to dip my toes in.
This position is about 10% of my overall portfolio, but I’m currently down around 40%. I’m reaching out to get a sense of what others think. I can handle the loss if there’s still a reasonable shot at breaking even or turning a profit, but what’s really been tough is the decay. At this point, NVDA would need to hit around $135 just for me to break even.
Do you think it makes more sense to cut my losses now and switch into NVDA directly, or just ride it out with NVDL? Would appreciate any thoughts or experiences you’re willing to share.