Going to take out some CALLS on NVDA slightly out of the money at $122 with a two week expiry date and see what happens. If this bounces back up its going to make a killing
Going to take out some CALLS on NVDA slightly out of the money at $122 with a two week expiry date and see what happens. If this bounces back up its going to make a killing
Just put it in CALL at $5.58 for $122 expiry March 14 don't usually do short term options but the price is cheap enough. I think it's going to correct itself
Just put it in CALL at $5.58 for $122 expiry March 14 don't usually do short term options but the price is cheap enough. I think it's going to correct itself
Lowest NVDA can go I think is $116, thats the resistance I see on my trading chart. If it drops below that then it will be $102 next resistance. I remember getting it at $110 last year and riding the wave up with options, taking profit as I went. Remember when it was $147 a month ago? Nuts.
Lowest NVDA can go I think is $116, thats the resistance I see on my trading chart. If it drops below that then it will be $102 next resistance. I remember getting it at $110 last year and riding the wave up with options, taking profit as I went. Remember when it was $147 a month ago? Nuts.
I think the GAMESTONK generation really made the market alot more volatile. Robinhood and such has made it so accessible that people who have no clue what they are doing access the stock market. And its on sterioids with options (which I love and have made $$ on) but if you don't know what you are doing your going to get cooked quick. The stock market has become one big casino for some folks. WSB subreddit is proof of that
I think the GAMESTONK generation really made the market alot more volatile. Robinhood and such has made it so accessible that people who have no clue what they are doing access the stock market. And its on sterioids with options (which I love and have made $$ on) but if you don't know what you are doing your going to get cooked quick. The stock market has become one big casino for some folks. WSB subreddit is proof of that
@p_66
No it isn't. The tariff thing has to stop. Either do it don't. This box footing around is causing a ton of market instability. I am getting tired of hearing up here as well, just put the tariffs on already. Your going to destroy the auto industry since car parts move over the Ambassador Bridge every day multiple times a day but hey 25% more expensive vehicles
@p_66
No it isn't. The tariff thing has to stop. Either do it don't. This box footing around is causing a ton of market instability. I am getting tired of hearing up here as well, just put the tariffs on already. Your going to destroy the auto industry since car parts move over the Ambassador Bridge every day multiple times a day but hey 25% more expensive vehicles
The bigger problem is the US market has been overvalued for a while. It has only been this expensive 2% of the time in its history.
It got saved by the AI gold rush that started 2 years ago but it’s looking like the party’s over there. We can expect limited to no returns over the next decade.
And rate cuts / govt stimulus isn’t really in the cards any time soon, unless you want crazier deficits or inflation.
On the other hand, the world market for developed non-US countries has only been cheaper 2% of the time. Just sayin….
The bigger problem is the US market has been overvalued for a while. It has only been this expensive 2% of the time in its history.
It got saved by the AI gold rush that started 2 years ago but it’s looking like the party’s over there. We can expect limited to no returns over the next decade.
And rate cuts / govt stimulus isn’t really in the cards any time soon, unless you want crazier deficits or inflation.
On the other hand, the world market for developed non-US countries has only been cheaper 2% of the time. Just sayin….
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