/biz/ - Business & Finance

No way that these 13Fs and FINRA reports aren't fraudulent.
Buy GME, DRS, HODL forever.

sp500 still up ytd

WE ARE SO BACK

$NVDIA BROS
RATE CUT BROS

RED

>buy SOXL at 36$ this morning. Chicken out when it dips below 36 and sell.
>it pumps back up to 38$
Why am I like this

>bobos really thought they had won
lol
lmaoooooooo

Small cap bros, this is NOT GOOD.

BULLS ARE BACK
MARKETS RISING

well, well, well
>well, well well
well, well, well
>well, well well
well, well, well
>well, well well
well, well, well
>well, well well

BOOOOOOOOOOOOOOBOOOOOOOOOOOOOOOOO DAIJOBU?

>>57592980
my puts are definitely looking good today unlike your calls

>>57592971
>+0.15%
Looks green2me

any ideas on shorting American natural gas

he's making my MT state poorer but at least i can get a happy meal

Has Nvidia given any guidance as to their earnings on the 21st?

>ARM

Hope you bought the flash sale

bobos eatin good

>>57593020
no i sold it

VIXbros, we feastin
Chaos reigns

is it even worth taking a position in Tesla anymore?

>>57593032
a short position

>>57593001
did you sell them yet?

>>57593018
Zoom out

>>57593041
it IPOd 5 months ago fucking retard

>>57593018
>ARM was over $160
hahaha wtf softbank is making bank on this

I'm recooooooovering

>>57593041
Why? I bought my puts at 156 yesterday. Zooming out is for faggots.

Green by noon

>>57593032
No there is nothing with value except AI. Fuck energy. Fuck utilities. Fuck healthcare. Fuck consumer goods. The entire market is AI or social media

>>57592774
Coca-cola's CEO is a woman?!

I bought CFDs for Coca-cola earnings. Good thing I sold them soon after open before this dumb broad went on TV and tanked the price.

Is there any list of companies with woman CEOs so I can avoid another close call in the future?

>>57593037
why would i do a foolish thing like that
the markets going lower you idiot lmao

Is there any way to get a sense for when these Bobo moments come like today? The only reason I didn't shit myself (yet) was because my holds are usually fine over a couple days, but if I had it all on the line I'd be malding. Does this come with experience or is it forever a complete dice roll?

>mfw there's a *hike* on the table

>>57593061
silly bobos never learn

>>57592950
Hey gang, Im making more money on the stockmarket now than I am at my full time job, and I just want to know if this is technically legal. Im making trades during work hours and basically working 2 full time jobs at the same time. I feel like the gubbamint wouldnt allow this.

>>57593069
Is yellen and powell in the room with you now? shit post to let us know you are under distress.

>>57593060
>Coca-cola's CEO is a woman?!
Of course not. Any financial news channel needs to have hotties on screen at all times otherwise everybody is turning the tv off

tlt baggies... lmao i know you're in here

>>57593069
spy will close at the lows of the day
bet me any amount of money

>>57593082
Why? I have calls

You bought calls right anon?

>>57593082
I'd feel bad taking more of the money you're currently giving back.

>>57593067
small cap indeces went up 2% for 3 consecutive sessions while AI names rallied unreasonably high and VIX slowly crept up, it was only a surprise to all the newfaggots here that started trading during and after covid

bearbros what is happening, we were supposed to get rich shorting NVIDIA...

>>57593080
You retards getting your financial news from dumb roasties deserve to get burned.

>>57593099
we stopped shorting nvidia last summer where have you been

>>57593092
>I have calls
>red ID
oh NO

NATGAS MUST DIE, I LOST MONEY TODAY WITH IT. DON'T YOU FUCKIN DARE DO A TURNAROUND

now that we have no pesky macroeconomic news incoming lets watch jacket man cook

Imagine unironically freaking out about a CPI print being 3.1% instead of 2.9%. I kind of wish the idiots who shit up every thread when this happens could be banned forever, but then I wouldn't have anyone to inverse.

>>57593125
Is that fear I smell?

>>57593125
stfu in november it was 3,1% instead of 3,2% and we gigapumped. AND it was now revised up to 3,2%.

>>57593122
I TOLD YOU NIGGERS TO EXPECT NATGAS TO HIT MAYBE $1.44

>>57593125
cpi means nothing, it pumps when it's lower and dumps when it's down, trendline remains the same

Silver hovering right above $22
Gold hovering right above $2k
In futures, spot already cracked both.

>>57593125
theres no freakout
the market is just simply not in good enough shape to warrant its current valuation
a freakout is seeing the market drop 5% every day for three days in a row
surely... that wont happen

>>57593147
STFU YOU NATGAS OWNING NO NATGAS NIGGER SPAMMER

>>57593165
I SOLD GREEN BOIL EARLY THIS MORNING AND NOW HAVE GREEN UNG AND UNL AND STILL A LITTLE BOIL THAT'S RED MA'AM

Just spent 500 dollars buying puts on Valley National Bank.
Rolling for more banks failures.

>rate cuts

>red day
>lots of bobo posting
>NVDA still up 1%

>>57592978
The Fed stopped reporting Institutional Money Market Funds as a separate series in 2020, hence ((Total MMF/1000)-Retail MMF's) as Total MMF's is given in millions of millions instead of thousands of billions and Retail is already included in m2.

Monterey expansion not growth powers the market, no top, only up.

Schlop the dip bros.

oh my god, 2y has bottom and fed will never cut interest rate.

>>57593193
I was the one who provided the updated graph.

>>57593195
Yep, picked up some
XLE
XOP
XES

>>57593195
Id let her schlop my dip if you know what I am saying

I was so smug when I bought the 405c yesterday, it's over...

>>57593199
das rite
we'll be entering the 2030s with a Fed funds rate at or above (positive) 7%

>>57593161
>>57593141
Doomer bears begone. You guys must be getting tired of keeping the schtick up, shoulda bought the bottom in 2022.

NOBODY CARES ABOUT NVDA

be honest guys for $nvda to reach $1000 it would take nearly 27% to increase in its price. That's fuck insane and you be destroyed by iv crush

your better off riding the wild ride

NVDANIGGERS too powerful

>>57593190
>NVDA still up 1%
How long will it keep going up for?
I've got 300 shares left. Sold loads when it hit $500 and have been kicking myself ever since.

>>57593220
I bought a 4090. They are here to stay.

who the fuck is buying NVDA

>>57593216
im literally more rational than you
sorry you bought calls at the top without understanding a pullback would happen

>unsettled funds held for 2 business days
how the FUCK is this legal?

dump is cope by bagholders and bears

>>57593226
is 4090 the new price. this would be poetic.

>>57593228
all me

I was in a meeting and missed the morning dip slurp.

SPY is about to gap up.

>>57593220
beta weighting indicator seems silly, how you use that?

>>57593228

didn't you hear somebody raised the price target again, this time to 9000.

How is nvidia this strong? I fucken lost money so many times trying to short it.

>>57593228
Me.

>all the pre-market ones are red
mumusisters...

>NVDA NEW PRICE TARGET

https://www.investors.com/research/nvda-stock-has-gained-this-year-but-is-nvidia-a-buy/

>>57593228
me, i just bought 2 4090s for hobby and gamus

>>57593244
Overvalued as fuck, it will be glorious watching it crash

>>57593244

behavior right now is very top of the bubble like. Just wait.

>>57593188
more like rate chuds lmao

>>57593244
NVIDIA is the economy
just as Apple was prior to muh AI

>>57593244
memes. might as well call it nvidiacoin at this point

>>57593251
Airbnb is an easy short for me

>>57593233
Put at least $25k in your account goy…. It’s for your own good, finra and the sec is protecting you from yourself

can someone R34 commission Jensen Huang fucking Lisa Su in the ass

>>57593244
today they are desperately shoving money into the last remaining stock, nvidia, because there is nowhere else to go
the house of cards is about to fall

OIL
>OIL
OIL is such a perfect companion to
NATGAS
>NATGAS
NAT
FUCKIN
GAS

>>57593244
feeds on bobo blood

>>57593231
You made the right bet on CPI, but in your hubris you are neglecting to take profits in a market that always bounces back. Take your money and run.

WE JUST ENTERED A NEW BULL CYCLE

What to buy with 3k

still up ytd

>>57593244
blame $asml and $tsmc for their guidence. They signaled or ensunuate ai related chips

>>57593277
Where's the natgas guy that lost everything today? What ticker is he buying and strike I want to continue his race?

>>57593289
SWVXX

>>57593279
puts have been the cheapest theyve ever been and now vol is starting to expand
im getting to enjoy the opposite of vol crush
the market can go sideways and my puts are going up in value

>>57593289
spy 500c friday expo

>>57593018
softbank p&d scam

>>57593251
> AirBnB
> Robinhood
> Lyft
> MGM
> Zillow
joocy

>>57593289
Gaming pc

>>57593297
This one who sold all of his so is now a NO NATGAS NIGGER?
>>57593122
>>57593165

>>57593018
>advanced risk machines

What's the official kosher reason we are down today? Inflation barely higher than expected?

>>57593289
Nothing. Sit on it until this shit straightens itself out.

>>57593321
Eurodollars getting called away to cover bad loans in China.

USO
USL
OILK reaching for the sky, I wish I had not sold my UCO this morning.

AAAHHHOOOOOOOO WHAT THE FUCK IS GOING ON?!

>>57593321
maybe it is yuan/dollar breakout.

>>57593298
Still don't have a plan of where to deploy that cash after the cut?

>>57592950
>do weeks of DD, Fundamentals, TA
>buy stock, immediately drop
>same time, buy NVDIA
>rockets with full blown retard strength
nothing makes sense anymore, im going full meme steam moving forward.

WHY DO WE HAVE A MARKET WIDE SELL OFF

THE RUSSEL FINALLY GETTING AHEAD OPENED DOWN -3% THIS IS UNHEARD OF

EVERY OTHER MAJOR INDICIE HAS BEEN PLUMMETING ALL AT ONCE

>>57593272
>not Jesen Huang and Charles Liang
They even actual buddies

>>57593289
rent

NatGas beheeming theme
https://www.youtube.com/watch?v=q9o20qyuMmc

>FED numbers are in
>it's inflation numbers
YAWN

This hot CPI would not have happened if people were not working!!!

lose your jobs people!!!!

>>57593338
OILK with its 5.5% divy

>>57593311

All of those are going to lose you money

Its Joever

>>57593321
500 milestone already hit on SPY, no reason to keep going so everyone is selling. Expect SPY to go to 450 within next month as rates get hiked up again

>>57592950
This is it folks, the bear market is arriving.

>bought Nvidia
>realize it's about to crash within a week at most
on one hand, it's a tragic loss of money, on the other, it's hilariously memey

I'm up to my eyeballs in EU shorts. Please crash

>>57593353
>mfw I did but they wont let me on unemployment so they can keep the numbers low

I'm thinking about dumping my uninvested 40k into MSFT to get the divvy and cash out.

i'm so worried at euro close ameribros. The influx of volume will make or break mumu

>>57593350
This is what I used to post a lot on days it was DROOPIN

https://www.youtube.com/watch?v=zSGB09ktsy0

>>57593378
huge pump after euro close, but maybe moreso at 14h EST

>>57593373
That's zero sum at best IIRC. I can't remember which phase it happens but usually the share price dumps when the dividends get paid out.

>>57593252
>price targets at 900+
>not a buy they say

Is that it bobos? NASDAQ is gonna be bloody blue by the end of the day with NVDA spearheading the movement. Well, maybe not since MSFT is pretty red. But maybe -0.5%. And this is just today. This dip completely priced in the new "hot" inflation and we are ready to go up again tomorrow.
I have no idea what goes through the minds of bobos when they think that the market deserves to go down significantly on a 0.3% m/m inflation.

>>57593373
>>57593389
this. divy sniping isnt really as useful as it seems.

>>57593389
yeah but it's down 1.5% today and it will likely recover, or I can wait a bit

gap gap gap gap gap gap gap gap gap gap

>>57593326
>just 2 more weeks
That's all anyone's said for the past 2 years and nothing happened

>>57593326
>it's different this time

>>57593242
not relevant to that particular trade, but its a double check on for my options trades.
its better on spy, but I'm all in NVDA shorts rn and b/c the beta is 3, it should fall 3x as fast at SPX. and that isn't completely accounted for in the NVDA options prices.
not an indicator so much as an indicator checker, see if i'm mispricing something.or if it would be better to just put on spy positions.

>>57593356
Gotta be a better oil ticker. Now i'm looking up what a kike-1 form is thank you.

>>57593122
What ticker and strikes should I buy natgas anon?

>>57593340
Luck doesn’t last, nor do memes

>>57593394
>has never seen a dead cat bounce
well today you are

>buy some shit 2 days ago
>market dumps
Every time

>>57593394
>I have no idea what goes through the minds of bobos when they think that the market deserves to go down significantly on a 0.3% m/m inflation.
Nothing. Nothing is going through their minds. It's a kneejerk reaction after they got one bearish year in 2022, but they completely failed to realize that we saw endless red that year specifically because Big Money was selling puts to retarded doomers, while they ran endless FUD headlines at the mainstream media outlets they own. They created the bottom and then bought it up to lock out normies. Now we're just seeing people chase it on the way up while saying "this can't be! the markets are too high!" without realizing that the fundamental reasons to sell are gone

Legacy media is just now reporting in. We haven't even felt the pain
>https://youtu.be/SR4vFgsIuKw?feature=shared

>>57593122
the widowmaker strikes again

>>57593451
Inflation is bullish.

>>57593448
>/smg/ buys the top
everytime
>>57593449
Learn fundementals or stop playing

this shit dont mean nothing to me mumu
you stupid piece of shit

>>57593373
When you buy a stock you pay for the dividends you’ll receive in the future. Unless the dividends increase more than expected you don’t actually gain anything

>/smg/ totally unaware of Novo Nordisk stocks
why tho

>>57593459
>everytime
AAAAAAAAAAAHHHHHHHHHH!!!!!!!!!

>>57593458
it is stagflation and interest rate will only go up.

>Retards bought knowing that there was a snow storm hitting NYC.
Like you actually think the guy who puts the steam into the market was going to show up today? Don't worry, he'll be in tomorrow once everything gets plowed, but lmao, this happens every time.

Alright about to buy my first calls.
What does "buy to open" and "buy to close" mean?
I want to buy a call and then sell it without exercising, how do

Guys look at the Nikkei and zoom out to max time frame on the chart....

>>57593468
What the fuck are you talking about

>>57593373
>>57593389
>>57593395
>>57593396
Went in with 20k, it just filled. I'll report back in a few days. I'd be happy with ~$400 total gain.

MY GERMAN STOCKS TANKED BECAUSE AMERICANS CANT KEEP THEIR INFLATION IN CHECK!
FUCK YOU ALL, DEATH TO AMERICA

>>57593480
Buys and sells have to cancel out. When you only do one you open a position and have to do the other one to close it.

>>57593410
ty i like it.

Well /smg/
Have you become millionaires yet?

>>57593480
what software do you use

>>57593481
so?

>>57593487
The foreign dollar is absolutely deflating. DXY is about to hit 105. CPI is domestic inflation.

>>57593494

>>57593494
i lost 75% of my account

>>57593504
Yeah it's flat

>>57593480
"buy to open" means "buy to open your anus to the long strong dick of the algorithms".
"buy to close" means "buy to close off any chance at having generational wealth in the future".
these are not mutually exclusive.

>>57593494
...s-sure!

>>57593494
I've lost about 400k since joining.

>>57593494
No but at least i haven't given up much since christmas.

>>57593518
How is this even possible

>>57593244
lol, lmao. NVDA will sap out every other trillion dollar company out of their revenues while rapidly building it´s income and cash piles

See it's just pitiful when /smg/ gets overrun by obnoxious bears when a CPI print is off expectations by a fraction of a percent. If expectations were 2.9% and it came in at 4% then sure, have at it. But 3.1% instead of 2.9% is so statistically insignificant that gloating over it just reveals how flimsy the bear case actually is.

>>57593488
I mean the terminology.
I want to buy a call without buying the underlying stock -> is this buy to open ?
I then want to sell without buying the underlying stock -> is this sell to close?

>>57593498
canadian bank

>DEAD CAT BOUNCE

SELLLLLLL SEEEEEEEELLLLLL REDDIT SELLLLLLLLLLLLLLLLLLLLLLL

>>57593504
What do you mean "so" they haven't seen these highs since 1989. Don' you know what that means for the rest of the market in the near future?

>>57593494
My wife left me.

>>57593484
Future dividends (or the expectations of those) are embedded in the share price you pay. You buy a stock today, wait for the dividend to be payed, and what you have is the stock price - dividend + dividend payed out to you. So what you actually have is the stock price when you put those together. You gained nothing through the dividend

>>57593524
either stockpickign and failing or some version of timing the market, whether trying to guess when to sell and when to buy or dealing in options

>>57593526
>it's a dead cat bounce bro, it's overvalued!!!
All cope because they didn't get in at the 2022 bottom

>>57593525
>without buying the underlying stock
That has nothing to do with it although unless you have a few million you can't sell to open without the underlying stock.

If you want to just buy and later sell the option then yes you want buy to open and sell to close, your brokerage probably won't let you do the other one.

>>57593226
I’m going to buy the 5090 when it comes out this fall because the AI tech will continue to accelerate and I want to be ready. Its funny because I just decommissioned my gaming PC and bought a mac book because I don’t game anymore. Now I have to build an even more expensive machine just to play with the latest AI toys

so NVDA is basically going to crush earnings right?

>>57593524
>baggie

>>57593526
>overrun by obnoxious bears
Always been here, just been to busy getting drowned out by dipshit bulls who can't see farther than ((their)) nose. Anyone willingly hoping for higher for longer is fundamentally against America.

>UBS Adjusts NVIDIA Price Target to $850 From $580, Maintains Buy Rating

I bought more Crowdstrike

>>57593548
>2022 bottom
you mean 2020 golden bull run?

I need SMCI and NVDA to go up 2%

>>57593519
What app

>>57593551
>because the AI tech will continue to accelerate and I want to be ready
Ready for what, m8? What does a failed normie need this much tech for in his day to day life? Makes sense if you are some sort of computer wiz I guess.
Generate your own pr0n? If that's the case, please generate some nice Lum for me

>>57593575
This is td ameritrade, not the thinkorswim app, looks better even though i'm entering and managing the positions in think or swim.

I'm gambling again

I LOVE MAKING MONEY

>>57593524
Options or shorting
Even with individual stock picking you cannot bpossibly do this badly

Alright I'm buying Nvidia, bears

>>57593412
There's "better" OIL tickers for trading, but not for parking cash.

>>57593525
okay i found this
https://www.investopedia.com/terms/b/buytoopen.asp

What Is Buy to Open?

"Buy to open" is a term used by brokerages to represent the establishment of a new (opening) long call or put position in options. If a new options investor wants to buy a call or put, that investor should buy to open. A buy-to-open order indicates to market participants that the trader is establishing a new position rather than closing out an existing position. The sell to close order is used to exit a position taken with a buy-to-open order.

>>57593602
We did it guys, we finally got him to buy NVDA.
Dump it.

>>57593553
Almost guaranteed. But it's up 30% in a month so it'll probably dump on good earnings.

>>57593559
Right so that's why bulls are betting on rate cuts

>tfw no Nvidia super GPU

>>57593289
Enlv, payout or burn like 75% burn by end of Q1 2024

>>57593602
THANKS FOR THE SIGNAL I JUST SOLD MY CALLS BAGGOT

I have 10k. What should I buy

>>57593549
So I have $300 USD but not enough to buy a single $30 USD call ....
I hate the banking system and how vague this menu is.

NVDA hits 1200 - 1500
then the AI bubble pops

(screencap this post)

>>57593631
spy calls

>>57593608
GG

>>57593639
>loli natalie portman
HNNNNNGGGGGGGG

>>57593632
>single $30 USD call
You don't buy one call you buy a lot of 100.
Yes if it's $30 per contract that means you need $3k. IV on NVDIA is crazy overpriced and if you could have afforded that you would have lost money.

>>57593647
natalie hershlag*
fixed that for you

>>57593651
so options trading is for rich people and there's no way to break into the business ...
fml I'm not about to dumb $3000 USD, I'd have to sell like a quarter of my American portfolio

>>57593553
They could have record earnings and have the stock drive off a cliff because it wasn't as record-breaking as analysts wanted to believe it was. Stop orders are your friends.

>>57593631
See,
>>57593622
if you're a retarded gambler like me.

>>57593661
>so options trading is for rich people
No but it's also not for retards.

Is it a coincidence that last night before bed I set a 90 days limit sell order for 200 shares of SOXL at $50 and now we're red?

>>57593661
it's getting to be this way
higher price stocks require more capital allocation just to place a $100 trade
and then with vol being so low market makers are being extra greedy

fact is, I have never gaped a woman, yet I am making an obscene amount of money

>>57583294
goddamnit

>>57593661
Don't get into options, you personally will lose money.

>>57593672
It is a coincidence.

>>57593621
All that just so he can jerk off to pornhub.
How many split screens of pussy do you think he does? He looks like a guy would 6 screens each with 4 videos running

>>57593661
>>57593632
>>57593525
>>57593480
Read up on this shit before you lose a whole bunch of money.

https://www.investopedia.com/terms/o/option.asp

>>57593661
buy 1 call for spy expiring friday to seee how it works

>>57593669
>>57593673
alright I bought a call with strike price of $1070, 1 contract as it's only thing I could afford.
we'll see how it goes, at least I'm learning

>>57593691
this guy saved me in a lot of my classes

>>57592950

>>57593696
Whats its expiration date?

>>57593707
February 23rd ...
too early? 2 days after earnings

>>57593696
>1 contract
No, you bought 100 contracts at $10.70 per.

>>57593661
nothin personal kid

>>57593579
Within 2 years, text and image generation will be perfection. Video generation will be offputting but useable. Minecraft villagers will be capable of novel behavior. But most importantly is if you start storyboarding your feature film now, you can be ready to enter AI production when the tech comes out. You could even make Birth of a Nation 2: Electric Bogaloo

>>57593685
He's already fucking Lisa Ann. He only watches hentai because he has yet to make that a reality.
>>57593289
Dragon's Dogma 2.

>>57593713
you better be hoping for a miracle anon

>>57593696
What’s the underlying? Nvda?

>>57593696
On nvda?

>>57593602
Thanks for the cal buddy

>>57593696
if you are bullish, you should sell puts because theta decay is on your
same thing if you are bearish, you sell call, so that you earn money while time passes

>>57593716
No, I bought 1 contract with individual share rights priced at $2 USD . times x 100 and you get the total I paid

besides tastylive, which youtube guru do you recommend for options? the guru needs to be very pedagogical.

>>57593729
>>57593732
fuck me that sounds complicated
I took an ancient greek course in college but that's the limit of my knowledge on theta

>>57593728
>>57593729
yes.

Is it over or are we back?

on the bright side, at least i can buy natural gas soon

>>57593753
charlie munger
https://www.youtube.com/watch?v=B_yFsv9Q6pQ

>>57593661
thats retarded you need to learn how to trade and math or just get really good at trading, if you do not know either of these things then learn them before you even think about options

Bobros

>>57593639
I already told you I slurped some XLE, XOP, and XES today and should point out that I consider those cash parkers to DCA into also, along with UNL and USL. I believe in diversifying the portfolio.

>>57593769
You can buy all of it. Every BTU in North America.

>>57593754
You think nvda will go above 1070 in the next nine days? I wonder what your profit is if it does

>>57593494
im back to three figure hell

>>57593713
>1070 2 days after NVDA earnings

>>57593781
I dunno I'll probably sell the call as soon as there's even like a 15% profit

>>57593632
Oh my sweet summer child... you are going to go bankrupt.

>>57593783s
Same!!! We totally suck!!!

>>57593772
Options aren't just for gambling. They're useful for hedging. It's a natural extension of a liquid security market.
You can say holding options are a bad idea but an options market is important for price discovery.

>>57593792
Sounds reasonable

>>57593494
six figure hell

30 MINUES TIL EUROCLOSE

TIK TOK AMERIKEKS

I'ma get some $400 SPY puts for April. #GetFuckenRektMumu

>>57593818
euroclose was 30min ago

>>57593772
This is crap. The accountability went away because of financialized retirement not because of the derivatives market. And interest rate swaps are extremely valuable hedges for organizations that need to synthesize fixed rate loans.

>>57593781
there is now way a single stock can go up to 25% on earnings, even if we have good signals from $asml and $tsmc

anon, you'r high on copium

>>57593818
To us the euroqueer markets are like a little gnat that gets near your face and you swat it and never think about it again.

>>57593754
Just an infographic for the possible usecases/strategies of options. This pic explains simply buying calls and puts, and how that effects the contract when it's "buy to open". Early option advice I never took was "buy spreads and stick to the indexes". Most important greeks are going to be delta and theta. Delta being the change of price of the contract for every $1 the stock goes up. Theta being the time to expiration which effects the change in delta through gamma. That shit is a little advanced but when it clicks you'll understand why your contract isn't giving you massive gains when the underlying goes up or down. Now being that far out of the money or "otm" your delta is going to be super low depending on how much time to expiration there is. In my opinion that far otm is not a good trade for nvda however the trend is overwhelmingly bullish, so if the days to expiration is over 30 from today you may have a chance of getting some profit.
>NEVER HOLD AN OPTION TO EXPIRATION
If you are straight up buying to open an out of the money option your are basically setting yourself up to trade the contract itself. This is good because you get leverage over 100 shares of nvda for a fraction of the cost. Set a price target and set a limit order for the contract immediately.

Uhh… Nvidiabros? We’re losing steam

brace yourself

wheres mumu from an hour ago
stupid ass cows get slaughtered

So many people shitting on 1000 call next week for nvidia that it just might be worth purchasing one

>>57593865
SELL SELL SELL SELL REDDIT SELL NVDA IS GONNA POP

>>57593859
what would rho be?

>SO I MADE A BIG MISTAAAAKE! TRY TO SEE IT ONCE MY WAAAAAAAAY!

https://youtu.be/Nco_kh8xJDs?t=58

I can't wait to see how the street reacts to NVDA's earnings call. It would be hilarious is they miss, but even more funny if they beat earnings, but (((the investors))) were expecting them to beat by more.

>>57593754
It's a PDE based model (and as it turns out, not actually a very good one.) That's why they use greek letters.

>>57593874
This board is retarded, they scream and sell as soon as they see a micrometer of red

>>57593877
wait until at least 1200 before popping your first boner, kid

Fuck you you fucking Euroniggers.

>>57593792
>>I dunno I'll probably sell the call as soon as there's even like a 15% profit
yeah that's a good approach

>>57593881
0% chance they miss

>>57593839

>>57593519
wow that's crazy how you have calls expiring in 2023

>>57593792
Good luck.

>>57593879
Rho isn't a good greek for short dte out of the money options. Rho is the rate of change of implied volatility and that is not the strategy being used here. People don't talk about rho much especially with vix being so low.

>>57593880
>AH!
>AH!
>AH!
>AH!

if nvda hasn't breached 1200 by earnings call - better than expected results BUT worse than expected guidance

if nvda has breached 1200 but not 1500 - it is possible for same scenario

if nvda has breached 1500 - results and guide are worse than expected by a large margin

>>57593696
>>57593713
The odds of NVDA being above $1070 on Feb 23 are 0.01%. And you'll also get hit by IV crush. Thanks for playing.

WHEN YOU COME OUT YOUR SHIT IS GONE
WHEN YOU COME OUT YOUR SHIT IS GONE
WHEN YOU COME OUT YOUR SHIT IS GONE
WHEN YOU COME OUT YOUR SHIT IS GONE

>>57593818
I don't think about you at all.tga

>>57593909
>he doesn't exclusively rely on rho when trading 0DTE weeklies

Haha told you fuckers to sell mpw calls at .09/.1 yesterday

I've got an ask up for NVDA $1000 Calls at the midprice. You can buy them from me right now, cheaper than the market makers mumu

>>57593902
Yeah no shit dude this was my santa rally gains. All of these positions are closed.

>NVDA

SEEEELLLLLLLLLLLLLLLLLLLLLLLLL REDDIT SELLLLLLLLLLLLLLLLL

>>57593913
What’s the payout on anon’s calls if it goes itm? 0.01% chance should pay out quite a bit I presume

>>57593966
if it hits the strike it pays out $0, you have to beat the strike plus premium paid for the option to even make a profit

next
>>57593981
>>57593981
>>57593981
>>57593981

>>57593979
however should price go one step above strike then the profits are quite significant due to the vol explosion

Wait did this dude buy a deep otm nvidia call expiring next week 30 minutes ago and now it is barely above opening? This is literally what happens to me except I get to see someone else suffer lmao

>>57593966
depends on how high it goes, but every dollar in share price above 1070 is $100
my most profitable strat is to sell wide butterflies and buy out the middle when I've made my cost basis back. then I have free shit on for earnings.

>>57593984
you are assuming the option holder will sell at the right time, which is a big presumption

>>57593930
No way in hell you use rho.

>OY VEY NVDA’s STILL GOING UP! MY PUTS ARE LOSING VALUE!
>”F-Fellow mumus it’s time to sell… I-It’s the top of a bubble! COME ON REDDIT! PANIC SELL ALREADY!!1! REINFORCE MY CONFORMATION BIAS!”

>>57593990
But that’s 100$ on each 100 shares in the contract?

>>57593792
i really hope this was not a big investment for you
post results when you sell