NVDA Iron condor

viruscore1

viruscore1

With May approaching, you all know the old cliche "Sell in may". With current market conditions, imho it's in play.
20180430NVDAIC.jpg

My stand, it will trade with in a 20% range.
 
Wednesday at 1400hrs, the FED OMC will release a statement containing the phrase, "...in our forthcoming US dollar/cryptocurrency trading facility."

What will you do?
 
Dude I thought we talked about this already? You can't say nvda will stay in that range 100% of the time. So let's say 80% of the time you make $2 and 20% of the time you lose $10.
.80 x 2 - .20 x 10 = -.4 Oh lord. That is a losing trade. Like @truetype said...this is an easy way to tap out
 
SillyWilly said:
Dude I thought we talked about this already? You can't say nvda will stay in that range 100% of the time. So let's say 80% of the time you make $2 and 20% of the time you lose $10.
.80 x 2 - .20 x 10 = -.4 Oh lord. That is a losing trade. Like @truetype said...this is an easy way to tap out
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i've been placing this type of trade longer than you been alive. I'd explain it to you but it would be over your head. Btw you've missed your streetcar hahaha...
 
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lylec305 said:
i've been placing this type of trade longer than you been alive. I'd explain it to you but it would be over your head. Btw you've missed your streetcar hahaha...
More...
I will be keeping a eye on this and your BABA blow up this friday :D
 
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