The last stage of my split strategy is I buy a long term option on the stock that split. I just bought 3 contracts of Nvidia (NVDA) going out to January 2025. I bought 3 NVDA 1/17/25 $128 Calls at $20.50.
Buy to Open 3 NVDA 1/17/25 $128.00 C @ $20.50
I am away on a little vacation in Boston. As soon as I can I will write about the positions I held going into the 10:1 split of Nvidia. I did very well to the tune of about $25,000 with pre split trades and positions I held going into the split. It’s gonna take a little work to write the post because of the amount of positions I held and what those positions turned into after the split. Maybe I’ll get to it here in Boston but maybe not until I get home.
Yesterday I also bought a long term option on META. When I get home I’ll be writing about META (Facebook) because I feel this will be the next big stock to split.
Buy to Open 1 META 1/17/25 $510.00 C @ $62.00
Successful trading,
Steve
The Options Coach
VeryNicely done ✅ Holding off on NVDA .
Looking forward to your META review and
Hoping to read up on your dividend
Portfolio review .
Yes Joe, you should only do what you’re comfortable with. Watch for my trades with Broadcom and META. Broadcom announced a 10:1 stock split and I feel META will be next. I will be writing about my high dividend portfolio soon also.
Thank you for reading,
Steve