Which options contract does NVIDIA Power Hour give, and when do I get out?
Quick answerThe script's contract: the at-the-money strike (rounded to the nearest 2.50 strike) on the Friday at least a week out, a Call on a buy and a Put on a sell; check implied volatility is under 60%. Out at the 3.5 ATR target, on a signal the other way, or at the 3:50 PM candle of the next session.
The details
- Stop: the script has none; ours is 3.5 ATR the other way.
- Time exit: the close of the 3:50 PM candle the next session.
Set the target and stop as orders when you get in.
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