Flushed a $40,000 Nvidia Trade down the Toilet

This is a quick story I figure I share with everyone on a missed trade.  We all have miss trades, but this one maybe costing me upwards of $40,000.  Yes, 4k.  I share in this video my NVDA stock trade.  Actually, it’s more like an options trade.

I once owned 24 Jan 23 820-840 call debit spreads.  When I bought these options, Nvidia was trading around $530.  I bought each spread for about $290.  Full matured, I would of been able to sell them for $2k each.  That would of made the entire trade worth over $48k.  Right now, Nvidia stock is trading at $815 a share.  I still would of had over 1.5 years on the trade to fully mature so most likely it would expire in the money, which is what I would want to happen.

I won’t bore you with the details of the $NVDA stock trade.  I just need you to watch the video.  Be sure to pay attention to the facial expressions.