NVDA PUT +$3.13 (+154F) in 3h5m — bands widened after squeeze
You took NVDA short at 11:25am $202.51 and covered at 2:30pm $199.38, +$3.13 (+154F), as the earlier band squeeze gave way to widening price action. The downside follow-through was confirmed by puts taking over (call-to-put flip at 11:45am), bearish directional control winning at 11:30am, and price pressing below the opening-range low with heavy volume capping overhead.
NVDA put entered at 11:25am at $202.51 and covered at 2:30pm at $199.38 for a $3.13 win over 3 hours 5 minutes, good for about $1.02 per hour. Z3 flashed bearish at 11:35am, just two bars after entry, then stayed active for 11 favorable bars and peaked at a heavy -4.77, so momentum showed up early and stuck. Options flow started call-heavy, then flipped put-heavy at 11:45am and stayed bearish into the exit, while the $200 call wall and $200 put wall turned that level into the key gamma battleground. The move got confirmation fast with downside directional control winning one bar after entry, volatility expanding by 11:40am, and price trading below the opening range low with the main volume node overhead and a bearish volume anchor still capping from above. This was a clean winner with light heat and real follow-through, but the entry came during an extreme band squeeze, so it was theta-expensive early and only worth the hold because the downside expanded quickly.