Author bought 95x NBIS 250P 3DTE contracts at $5.17, a leveraged bearish bet against NBIS. This creates a short-term trading opportunity aligned with the author’s conviction that NBIS will drop sharply within days. The trade is a short-term put speculation, not a fundamental short; success depends on NBIS falling below ~$244.83 by expiration. Rapid time decay, implied volatility crush, and any upward move in NBIS could cause full loss of premium.
Author bought 95x NBIS 250P 3DTE contracts at $5.17, a leveraged bearish bet against NBIS. This creates a short-term trading opportunity aligned with the author’s conviction that NBIS will drop sharply within days. The trade is a short-term put speculation, not a fundamental short; success depends on NBIS falling below ~$244.83 by expiration. Rapid time decay, implied volatility crush, and any upward move in NBIS could cause full loss of premium.