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jenna

02/19/04 3:03 PM

#21357 RE: jenna #21356

NVDA lucky break. My only call options "underwater" and today it finally turned positive! NVDA was the only one (although not expensive) that was stubbornly not worth the investment of the straddle. Although we milked NVDA thoroughly in front of the report, I don't like it when a straddle doesn't move above the investment. Now today's gap 'n snap brought it up nicely! I think that the reason NVDA pulled back was some Forbes or other newsletter's saying it looked fully valued. Still figured it would move before options expiration.

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