PlanTradePlanMM

NVDA Short

Short
NASDAQ:NVDA   NVIDIA
5/25 Earning Gap up
Fib# 113% extension, possible 100% Retracement.

Short entry 380
Stop 390
Target 317, 280

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active:
BuyToOpen 2023 Sep Put butterfly P255/280/305
Limit 1.66
Trade active:
The NVDA price moved up about $10, create new trade with target 290.
BuyToOpen 2023 Sep Put butterfly P265/290/315
Limit 1.75
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