[Formula Founder: Exited Nvidia Deal, Plans to Sell Put Options Expiring in 180 Days with Strike Prices of $100-$110] Odaily Planet Daily reports that the founder of Formula Investing stated that he closed half of his Nvidia (NVDA) position when the stock price was around $160.3, with the remaining position betting on a rebound after the US stock market opened. He has now exited the entire position, with virtually no profit. He explained that his previous trading logic was based on the market's overly pessimistic pricing of events related to Jensen Huang, and that Huang might not necessarily be removed from office as a result. The main problem with this trade was the excessively long time between receiving the monitoring alert on his phone and actually opening the position. He plans to automate such operations in the future. Furthermore, he revealed that he plans to sell more Nvidia put options expiring in 180 days with strike prices of $100-$110 in the near future.