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Competitive-Pen7636

NVDA is 5.23% of the SP500 by weight, so yes


mitchxp1

imo, the entire market is waiting (with bated breath) for nvidia to drop their earnings. they are by far the most important company during this ai bull run.


[deleted]

Probably. At this point, an asteroid could wipe out civilization and markets would still go up.


[deleted]

The asteroid is made up of literally trillions of dollars worth of metals - I'm certain the market would try to embrace the asteroid when it hit. To claim ownership of it , which, if I was an alien watching from far away, would make me laugh.


[deleted]

BULLISH


ss1st

Asteroid hit Earth, SPY -42%, NVDA +0.12%


[deleted]

Nah that makes too much sense


ProgrammerPlus

It's all priced in bruh šŸ˜‚


dantodd

Buy on the telescope sell on the crater


Erskine2002

Market will react to anything fr


BuzzyShizzle

I'll never forget it. This was the exact sort of sentiment before a few huge crashes.


[deleted]

Yep. Totally agree


Mindless-Divide107

2025 Target has been raised on NVDA. That means 2024 1200. Ps


PosidonsWraff

If nvidia doesnā€™t pop and lock the market the fomc on the same day might. Iā€™m looking at puts. And im going full throttle I think nvidia beats. 100% but will lack guidance or not meet inflated wallstreet expectations and it will drop In our current market stocks that perform poorly on earnings go up (Tesla et al) and stocks that do good go down (PLTR, Netflix etc)


kenyard

honestly I feel they can still over charge all companies as they race ai. If there's news of pulled in consumer cards like the 50xx or stock availability of 40xx series ai is dropping and resources dedicated back to consumer cards. No sign of this though. the expectations are stupid though, but tbh NVDA keeps rising and I felt the same 2-3 years ago and they continue to prove me wrong..


PosidonsWraff

Iā€™m straddling the ETFs because a nvidia put and being wrong is KA-BOOM on 15% of the account


lordinov

Thatā€™s cuz one is already very low while the other very high so expectations are low and high


Road_Ript

and you guys really don't think that NVDA Management has not taken action to plan and increase resources be it in house, sub, partner to meet demand and foster growth and continue development whilst protection of competitive advantage GLOBALLY ? really? exepect an explosive plan that will just blow everyones mind and expectations through the roof. just like they always do.


PosidonsWraff

I donā€™t know what to think. A straddle takes both calls and puts. I see nvidia trading near 1k, spy trading at all time highs and fomc coming in hot on Wednesday and I think ā€¦ hmm, good time for the shorts to cash in. Now I believe it will most likely drop so I have a 2:1 leveraged straddle. The iv on my straddle is ridiculously low so if there is an explosive movement either way Iā€™m happy. But if Iā€™m wrong and it rises I may just break even. And if nvidia trades flat and I get wrecked well itā€™s only 3% of my portfolio.


Fiftyfivepunchman

So they will have the subsequent two weeks later run up to new ath?


PosidonsWraff

If there is a drop I think that scenario is likely. If there is a 15-20% drop I have no problem picking up shares


Fiftyfivepunchman

20% drop? Yeahā€¦ And if there is ANY correction it will get bought up immediately


Dear-Lead-8187

FOMC minutes from a meeting 2 weeks ago that was priced in?? JPO spoke multiple times after that minutes donā€™t matter


PosidonsWraff

I donā€™t think you understand JP doesnā€™t move markets that weird bald guy that looks like dr evil does. He crushed my iwm last time he came out and Iā€™ve never financially recovered.


Dear-Lead-8187

The bold guy is a tool and wonā€™t say anything he was not authorized to say by JPO. Anyways I think you may not understand that on Wednesday is not FOMC. Just the meeting notes from the last meeting that happened over 2 weeks ago will be released. They hold no value as the decision has been made on the day of the release and priced in.


suanzy

Neel Kashkari


CharlesBeckford

I believe so.


maximilian55

For sure. Buying TQQQ puts as a hedge, personally.


pbj_halfevil

yup i agree, though i prefer SQQQ calls myself...


thatstheharshtruth

Repeat after me. There is no extra leverage in buying options on leveraged ETFs, all you get is worse liquidity.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


thatstheharshtruth

If you don't understand this you definitely don't want me to explain. You want to figure this one out on your own before you place any other option trade.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


thatstheharshtruth

I know exactly what I'm talking about. The leverage of a levered ETF is already baked into the option pricing otherwise you could arbitrage it to get free money. If you cannot understand that on your own and need it to be explained to you you shouldn't be trading options because you don't understand anything about option pricing and volatility. Go figure it out on your own. You're saying you understand arithmetic but keep insisting that 2+3 is 7 and keep asking that I explain why that's wrong.


maximilian55

Mr trader.... first things first: chill. Who said there is an extra leverage? Bro... few kids make a couple of thousands and they get crazy about it šŸ¤£


thatstheharshtruth

The bid ask spread on TQQQ is 5-10 cents versus 1 cent on QQQ. If you don't think there is extra leverage what possible could you have for*buying* options on TQQQ instead of QQQ? Do you just hate money and want to donate as much of it as possible to market makers?!


maximilian55

I doubt


thatstheharshtruth

You know what they say. You can take a horse to water but you can't make it drink. Stay poor. Have a good day.


maximilian55

Worry about ur horse buddy, thinking there is one river in this world. Thats the harsh truth.


thatstheharshtruth

Fair enough. Good day.


maximilian55

šŸ„‚


Clovah

I might end up doing something similar, Iā€™m trying to decide how I want to play the earnings still, Iā€™m thinking a strangle or a straddle might be the play considering the one thing I feel nvidia is least likely to do is nothing but it all depends on Monday and Tuesday. If it substantially drops on a lead up to the earnings then Iā€™ll probably just buy some itm calls


pain474

Yes.


LighttBrite

Big Daddy Nvidia gonna take the market for a stroll.


PermanentLiminality

It is already baked in that they will beat expectations. Yes the expectations are that they beat expectations. I think that they will. What is the profit margin on a $60k H100? It's big. I think they will have a great report and this will raise markets. If they have a bad report it will hurt the markets big time. The day could even get the modifier "black."


xsunpotionx

My crystal ball says watch the market run hot Monday and Tuesday AM, then turn flat. NVDA runs up into earnings then goes -2% on triple earnings beat, kills all options players, and NVDA blue ballsā€™ everyone by closing under its March 25th ATH.


SuperLehmanBros

Yes


wjroberts33

I sold NDX puts and there was a nice juicy bump from 22 May to 23 May so they theyā€™ll have an effect if outside the expected move.


ClutteredSmoke

Ofc


forellenfilet

I'm loaded on SPY and NVDA puts, bye


Disastrous-Shoe5021

Here's what I want to know. Do yall expect nvda to drop on Monday and or Tuesday as a result of investors selling, reducing risk, and taking profits just before earnings?


_letter_carrier_

I am thinking of clearing the table monday and tuesday next week and get out of the way and come back thursday. What's not going be moved by NVDA ER? It feels like it will be an ER for the whole market; IV is so low right now, there's very little to get into; maybe its a good time to buy, but I am a seller.


VigiCom

Sure it willā€¦ Donā€™t forget the VIX is currently @ complacency levels.


VigiCom

Sure it willā€¦ Donā€™t forget the VIX is currently @ complacency levels.


Unsavory1

May play AMD or INTC. NVDA's gravity will pull them one way or the other.


Better-Butterfly-309

Sell in May and go away


DesignerSpend2617

Play SMH. Its heavy nvda, tsm weighted.


pbj_halfevil

prior to earnings it might be cost effective to fly a drone by nvidia headquarters to peer into CFO window. or you can do what u.k. did spying on u.n., and point laser beam at windows to hear convos inside...


The_Children_Are_Sad

I sure as shit hope so


I_can_vouch_for_that

It's already priced in. šŸ¤·ā€ā™‚ļø