“Sell to Close” 2 NVDA LEAPS

I bought 2 Nvidia (NVDA) LEAPS last Thursday, 8/20. I held this position for 1 week. I bought the 2 Calls at $60.80 and sold them 2 minutes ago for $84.80. This is a profit of $24 per share. Selling at this price gave me a $4800 profit. I know I’m starting to sound like a broken record, but this is another great example of the Power of LEAPS.

8/20/20 – Buy to Open 2 NVDA 1/15/21 $490.00 C @ $60.80

8/28/20 – Sell to Close 2 NVDA 1/15/20 $490.00 C @ $84.80

Profit +$4800

This trade gave me a Return on Investment (ROI) of 39.4%. This is fantastic!

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Last week I locked in a crazy $31,810. This is the week’s profit. Trades exited! Money in my mattress! This is the biggest week I ever had since I started Main Street beats Wall Street. I started this site in January 2016. I’m gonna do the math after the close today, and see what positions get assigned, but I think this week is gonna be bigger than last week. My Apple and Tesla positions are largely responsible for this success.

Please start studying for your family. Within the next week I’ll be coming out with a new strategy for you Grasshoppers, and anyone with smaller accounts. I believe this will be a great way for people with smaller accounts to get started.

Successful trading,

Steve

The Options Coach