REDDIT
Bought $7.2k of NVDA calls at 3:59. Wrong expiration š¤¦āāļø
Bought 25 NVDA $225C 9/30 at $2.88 ā about $7.2k.
Thesis was simple: MU earnings next week, hoping for a pre-earnings semiconductor run and some sympathy momentum in NVDA.
Only problem: I placed the order at 3:59 and somehow picked 9/30 when I wanted more time. So now Monday gets interesting.
If NVDA gives me a decent move, Iām getting out and buying the expiration I actually wanted. If not, theta gets to teach me another expensive lesson.
Until Monday, my risk management strategy is hoping Trump finds an offline hobby for the weekend.