I have $7,171 in my account with 2,100 shares invested in NU and $1,880 in the margin. The markets are currently down, but not too much. As I write, NASDAQ is down 156 at 12,487 and DOW is down 26 at 32,806.
I’m tempted to sell put options in NU. The stock is at $4.28, down almost 10% at 12:08pm. If I sell 6 put options at a 4.0 strike to expire Aug 19, I can make $120. I checked their earnings date which is set for August 15 and decided to wait until then to trade any options on NU. I don’t want to end up with an additional 600 shares of NU. Today, I’m just going to wait.
