The Nvidia trade cost me $101, and the playbook closes Friday the 13th.
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On Friday, I closed out a trade on Nvidia for $248 that cost me about $101 to put on.
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That’s a 146% gain.
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I made it the same week Nvidia got hammered and lost its title as the biggest company in the world.
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On Thursday alone, the S&P 500 lost about $3 trillion in value, the biggest one-day dollar loss in its history.
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My trade was a put spread, a bet that the stock would fall, with the most I could lose set the moment I got in.
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People holding the stock watched it slide, and my trade paid back nearly 2.5 times what it cost.
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That’s what options do when you use them right, because a small, defined bet can pay several times what the stock itself moves.
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I learned how to build trades like this as the 13th employee at thinkorswim, then ran trading education for more than 7 million TD Ameritrade clients.
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Every setup like this one is laid out in my VIX Volatility Mega-Bundle.
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You get 97 masterclasses and closed-door sessions for one payment, and you keep them for life.
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If you’re new to this, start with the Emergency Volatility Crash Course, built to get beginners up to speed fast.
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I was going to pull it on Election Night. After this week, I’m keeping it open until midnight ET, Friday, Nov. 13.
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To your success,
Don Kaufman
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