Filled at $1.05 on NVDA 30 NOV 200/197.5 Bull Put Spread while underlying was $202.80

Semiconductors are turning the corner and they typically lead tech up and down. NVIDIA Corp (NVDA) is trading at/near prior weekly support levels. Let’s take a low risk trade on NVDA and initiate a Bull Put Spread.

Ticker Symbol: NVDA
Expiration: November 30, 2018

Initiate Bull Put Spread
Sell to Open the 200 Put
Buy to Open the 197.5 Put

Look for a CREDIT of between $1.00 and $1.10 or higher TODAY ONLY (midprice is currently trading at/near $1.08 right now).