$500 CHALLENGE Trade Update on $NVDA

SOLD -1 VERTICAL NVDA 100 (Weeklys) 3 MAY 24 907.5/910 CALL @.80 Net Credit [TO OPEN] This trade has filled. This is a $500 Challenge Trade. This is a Profit Recycle Cover Order. DO NOT OPEN THIS IF YOU DID NOT OPEN THE VERTICAL NVDA 100 (Weeklys) 3 MAY 24 905/907.5 CALL I alerted earlier today. Taking this action turns our Long Debit Vertical Spread into a Standard Butterfly. This action also protects our capital risk, locks in a profit and sets up a bonus butterfly for next week's expiration, all while bypassing the Pattern Day Trading Rule. If you are unfamiliar with Profit Recycling you could just close the Long Debit Vertical spread [NVDA 100 (Weeklys) 3 MAY 24 905/907.5 CALL] for an overall profit, just understand it will count as a Day Trade. Do what you think is best for your account. Keep in mind your risk and only risk 100% what you are willing to lose.