yeah a lot of exuberance amongst buyers at the mo. Hopefully due for a little pullback tom.
I've personally decided to just go 30 wide to allow myself some wiggle room in case of such moves up or down per the @Yoona plan
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Selling Other Stocks Options - Be the House
- Thread starter MikeC
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I've personally decided to just go 30 wide to allow myself some wiggle room in case of such moves up or down per the @Yoona plan
SpeedyEddy
Active Member
NVDA: Already doubled my Jan ‘25 -C1300 (and simply do not understand anyone really buying those at these premiums (above 15 dollar!!) easy to roll for a long time, but expect to close soon enough at at least 50% profit)
Are they naked? A $3.2T market cap sounds impossible by then. I am too chicken so I rather do spreads just in case.
SpeedyEddy
Active Member
I’d be very careful. Remember TSLA in 2021 and gamma squeezes. Just because it might not end up over 1300 doesn’t mean it can’t scare you out of the position at a loss sometime over the next year.
Closed these for a few hundred gain this morning. Realized I was flying too close to the sun with the AH action yesterday.
SpeedyEddy
Active Member
yeah I know but this very very much for an already overhyped stock. Fundamentally nonsense, but it can go horribly wrong, I know.
Thanks for your concern!
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