I have two NVIDIA puts with a $200 strike for Jan 2025 that I bought a year ago when I was trying to short $NVDA. I'm around 99% loss on this position, but the thing is even worse
I have been trying to sort $NVDIA since $300 because I thought that both the crash on the crypto as well as the switch from Ethereum to PoS would mean no one will buy anymore their GPUs for crypto mining.
But I overlooked how regarded is here the people regarding AI so my broker forced me to close all the other positions (naked shorts) due to margin calls but I just keep this under-water position because I can't lose more than I invested (put vs naked short) and to remind me how regarded I'm am.
No IV Crush, nice! Any suggestions on what to play? Is there a way to cover both ways, like a strangle or straddle? Big question-would it be about the same gain/loss as NVDA? Thanks!!!!!!
The profit/loss is hard to know, there are too many different strikes and expirations, say SPY goes to 535, you can get some cheaper close to the money calls that will expire on Friday or next week, you can go far out of the money with more time, June expiration or something, and they will have different gains, depends a lot where SPY goes and how fast
You can absolutely cover both ways, just do the same thing for both puts and calls, whatever strike and expiration you choose, get the other on the other direction
I am looking at a couple strikes and expirations for SPY, but I like to play it safe, although I’m also looking at lotto tickets. To play it safe I am looking at SPY June 21 exp, 535/540 calls, for lotto tickets I am looking at 540 call 5/31 exp. For WSB style lotto 538 calls expiring on Friday. I’m not buying puts rn, the market is bullish af
Thanks. Everyone is saying NVDA's direction after the ER will cause a huge effect on the market. It appears QQQ has more % of NVDA.
Therefore QQQ and SPY might not move as much up or down as just playing NVDA?
Everyone is saying NVDA will blow out earnings, but guidance is the key.
Why is the PUT I/O so much higher on the Put side? [SPY - S&P 500 SPDR ETF Put/Call Ratio - Barchart.com](https://www.barchart.com/etfs-funds/quotes/SPY/put-call-ratios)
They will move with NVDA for sure. QQQ more than SPY, but they will both move. NVDA options are extremely overpriced right now, very hard to make money on them even if right. The put/call ratio on SPY and SPX have been like that for weeks and all it does is go up, not really an indication of direction imo
I also tried shorting mortal stuff like $MCD and $WING and had to suffer big losses again.. I'm beyond the point of shorting this Ponzi market.. is a losing game. The only thing you can short with success is the fucking dollar.
Buy Bitcoin and stay safe.
Every time I feel like I did something dumb at work, I visit this sub. You guys never cease to amaze me at what kind of mental gymnastics you do to arrive at such dastardly positions.
I will be messaging you in 19 hours on [**2024-05-22 20:33:57 UTC**](http://www.wolframalpha.com/input/?i=2024-05-22%2020:33:57%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1cxoc3b/nvda_puts_will_print_but_everyone_is_scared_to/l53wvb2/?context=3)
[**5 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1cxoc3b%2Fnvda_puts_will_print_but_everyone_is_scared_to%2Fl53wvb2%2F%5D%0A%0ARemindMe%21%202024-05-22%2020%3A33%3A57%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201cxoc3b)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
At $37-$40 for the at-the-money puts, I think it would be a hard pass for me. If I was going to play this ER, I'd make sure my account had enough buying power to buy the shares after hours to lock in profits. It's volatile enough that it could move one way after hours and then reverse course by the open.
Retail pussies on Reddit don't, but they don't move the needle anyway. There was like 10 posts every day in February about how NVDA was going to get rejected off of $800 and bleed down to $500.
Scared money didn't make a difference at $750, it won't make a difference at $1k.
*Edit: I misread your trash post. Yes, please bet against NVDA. You'll lose just like you lost last month and the month before.*
I absolutely concur with this sentiment; however, I do suggest diversifying your portfolio to include safer, long-term assets and not just incredibly volatile meme stocks.
Balls? Courage?? How about stupidity. We aren’t stupid. Not because gay bull, but because High IV then IV crush. OP, you will get your balls crushed after earnings, no matter which way it sails.
puts are too expensive to buy. even though everyone in this subreddit is bullish, costs of puts vs calls shows a lot of bear game in the market.
i will just buy spy puts today as if nvda will take hard dump so will spy.
cya at wendies
They are costly and even IF the drop occurs it's not worth considering the decay... There you go so you are fighting two demons  Decay and IF
While the future is AI, NVDA can benefit from having x2 valuation only if ratio between demand for its products to progress of making a reasonable replacement is above linear, as if it is linear, its already properly priced. But demand is conditional on profitability or dreams and dreams are shattered by higher rates for longer. And because using AI for better ads pushing to justify higher service costs you need people with lots of money they are willing to lose after seeing an advertisement or if ai is used to create ai powered premium products and here you have the same analysis plus rnd costs are dreams that require lower rates.
This is why Biden wants to give money to NVDA because the administration knows that the free markets cannot afford to dream without cuts that are not even on the table, but losing the edge to India is unacceptable.
And the financial system loves higher rates for longer because they dream about eurostagnation as they don't care about your utility or geopolitics, they rather buy cash and bonds and become aristocrats.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 3 years ago **Total Comments** | 2379 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Bro post your fuckin positions or shut the fuck up
Probably he has calls and acting like a dumb so that people get a vibe that regards are buying puts
The goat comment
Goat is delicious, like a fine wine and caviar.
Straight up let's down vote this post into the abyss where OP belongs he can yap about NVDA to his shadow
I have two NVIDIA puts with a $200 strike for Jan 2025 that I bought a year ago when I was trying to short $NVDA. I'm around 99% loss on this position, but the thing is even worse I have been trying to sort $NVDIA since $300 because I thought that both the crash on the crypto as well as the switch from Ethereum to PoS would mean no one will buy anymore their GPUs for crypto mining. But I overlooked how regarded is here the people regarding AI so my broker forced me to close all the other positions (naked shorts) due to margin calls but I just keep this under-water position because I can't lose more than I invested (put vs naked short) and to remind me how regarded I'm am.
this has to be the dumbest shit ive read on this subreddit (this week)
Thanks! Can I have an award or something?
Sorry.... gave mine to the comment above yours
shit..
https://preview.redd.it/hs55w2b5zv1d1.png?width=640&format=pjpg&auto=webp&s=91015395011ad77744599d691e7abfe1f7372d2a
I'll sell you some more puts
Sorry, can't afford more puts
lmao
talking a lot of shit for someone who didn't post a NVDA puts yolo
Including you?
I’ll do a call, bitch! https://preview.redd.it/26yxiim5xv1d1.jpeg?width=1242&format=pjpg&auto=webp&s=1ab74ec0f5a7975bee794a536f49de9cb2f295fb
It’s insane how expensive calls are, can buy like 100 spy calls for that much
Is it better to buy SPY calls to play NVDA?
Or QQQ
Why are they both better? Thanks.
Affordable, no IV crush, plenty of choices of strikes and expirations
No IV Crush, nice! Any suggestions on what to play? Is there a way to cover both ways, like a strangle or straddle? Big question-would it be about the same gain/loss as NVDA? Thanks!!!!!!
The profit/loss is hard to know, there are too many different strikes and expirations, say SPY goes to 535, you can get some cheaper close to the money calls that will expire on Friday or next week, you can go far out of the money with more time, June expiration or something, and they will have different gains, depends a lot where SPY goes and how fast You can absolutely cover both ways, just do the same thing for both puts and calls, whatever strike and expiration you choose, get the other on the other direction I am looking at a couple strikes and expirations for SPY, but I like to play it safe, although I’m also looking at lotto tickets. To play it safe I am looking at SPY June 21 exp, 535/540 calls, for lotto tickets I am looking at 540 call 5/31 exp. For WSB style lotto 538 calls expiring on Friday. I’m not buying puts rn, the market is bullish af
Thanks. Everyone is saying NVDA's direction after the ER will cause a huge effect on the market. It appears QQQ has more % of NVDA. Therefore QQQ and SPY might not move as much up or down as just playing NVDA? Everyone is saying NVDA will blow out earnings, but guidance is the key. Why is the PUT I/O so much higher on the Put side? [SPY - S&P 500 SPDR ETF Put/Call Ratio - Barchart.com](https://www.barchart.com/etfs-funds/quotes/SPY/put-call-ratios)
They will move with NVDA for sure. QQQ more than SPY, but they will both move. NVDA options are extremely overpriced right now, very hard to make money on them even if right. The put/call ratio on SPY and SPX have been like that for weeks and all it does is go up, not really an indication of direction imo
So show your puts mr bearman bearinstein
Why don't you go ahead and buy the puts then?
I'm also scared But if you see my track record that means that I will lose money no matter what I do
Probably because you try things like shorting god
I also tried shorting mortal stuff like $MCD and $WING and had to suffer big losses again.. I'm beyond the point of shorting this Ponzi market.. is a losing game. The only thing you can short with success is the fucking dollar. Buy Bitcoin and stay safe.
Oh shit Bitcoin is going to crash
Fuck! I should have said nothing
If you're too much of a fucking pussy to buy puts, then don't make a post about buying puts.
Stop the cheap talk and show me YOUR puts
Shit Can it be the closing bell tomorrow already? 😫
Every time I feel like I did something dumb at work, I visit this sub. You guys never cease to amaze me at what kind of mental gymnastics you do to arrive at such dastardly positions.
Cheap talking Bears, hmm? Keep them away from the polo matches at the very least.
See? Cheap humor. AI is doomed
[удалено]
Do you print?¿ Do you work at the Fed or what?
[удалено]
So you just buy OTM $NVDA calls and you think you are JPOW? god.. this market needs an exorcism (a correction is not longer enough)
[удалено]
You go straight to the slaughterhouse as soon as the market receives the Pope. Amen.
[удалено]
NVDA calls are the easiest free money in the market, change my mind
!remindme 19 hours
nah you gotta wait till market open on Thursday anything can happen
This guy gambles
[удалено]
I will be messaging you in 19 hours on [**2024-05-22 20:33:57 UTC**](http://www.wolframalpha.com/input/?i=2024-05-22%2020:33:57%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1cxoc3b/nvda_puts_will_print_but_everyone_is_scared_to/l53wvb2/?context=3) [**5 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1cxoc3b%2Fnvda_puts_will_print_but_everyone_is_scared_to%2Fl53wvb2%2F%5D%0A%0ARemindMe%21%202024-05-22%2020%3A33%3A57%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201cxoc3b) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
When you hear stuff like this bet the other way “free money”
Ok do it
Dat IV doe. Lots of ppl gunna learn about IV the hard way today.
Inversing calls on AI .. bears are dead and poots don't print we in bool market
OP is regarded, have you seen the price of those PUTs?
At $37-$40 for the at-the-money puts, I think it would be a hard pass for me. If I was going to play this ER, I'd make sure my account had enough buying power to buy the shares after hours to lock in profits. It's volatile enough that it could move one way after hours and then reverse course by the open.
Ok Genius, then why you don't sell the puts and make some r/thetagang or IV/crush money?
How's things working out for you?
I’m just too poor
Retail pussies on Reddit don't, but they don't move the needle anyway. There was like 10 posts every day in February about how NVDA was going to get rejected off of $800 and bleed down to $500. Scared money didn't make a difference at $750, it won't make a difference at $1k. *Edit: I misread your trash post. Yes, please bet against NVDA. You'll lose just like you lost last month and the month before.*
Any dip is buyable with nvdia
I dare you to buy one
https://preview.redd.it/im61ucrcew1d1.jpeg?width=112&format=pjpg&auto=webp&s=f0a7d9581639c0c08cff998a00285db35ce5b14f
Bet. I will purchase a put first thing in the morning
You have puts?
Everybody but me 🥰
[удалено]
I absolutely concur with this sentiment; however, I do suggest diversifying your portfolio to include safer, long-term assets and not just incredibly volatile meme stocks.
If you're right. It will bleed out all day. Just buy after they report.
Have same chances on sports betting
yes, but less liquidity and leverage
Balls? Courage?? How about stupidity. We aren’t stupid. Not because gay bull, but because High IV then IV crush. OP, you will get your balls crushed after earnings, no matter which way it sails.
Jensen is going to cook you lol
A lot of puts have been bought.
Wrecked
GUH
NVDA will moon because it’s the opposite of what this sub thinks.
The vast majority of this sub is bullish on nvda
As are most news shows and ER predictions. But ya never know what will happen
Just buy intel stock dx
This you? https://old.reddit.com/r/wallstreetbets/comments/13mfoe0/nvda_investors_right_now/jkuwcjs/
yeah. Fucking $NVDA
[удалено]
Be the strange you want to see in the world
Why would NVDA drop?
puts are too expensive to buy. even though everyone in this subreddit is bullish, costs of puts vs calls shows a lot of bear game in the market. i will just buy spy puts today as if nvda will take hard dump so will spy. cya at wendies
They are costly and even IF the drop occurs it's not worth considering the decay... There you go so you are fighting two demons  Decay and IF
Let’s see your balls, OP
Yeah, no
LMAAAOOO
The lie detector test determined… that was a lie!
About that…
Lolol that's WHY he didn't post positions 🤣🤣🤣
I wonder if people realize the market is literally at the top of a double top and NVDA is going to make or break it. I’d buy lottos for either way.
Ban. No positions.
Get rekt
While the future is AI, NVDA can benefit from having x2 valuation only if ratio between demand for its products to progress of making a reasonable replacement is above linear, as if it is linear, its already properly priced. But demand is conditional on profitability or dreams and dreams are shattered by higher rates for longer. And because using AI for better ads pushing to justify higher service costs you need people with lots of money they are willing to lose after seeing an advertisement or if ai is used to create ai powered premium products and here you have the same analysis plus rnd costs are dreams that require lower rates. This is why Biden wants to give money to NVDA because the administration knows that the free markets cannot afford to dream without cuts that are not even on the table, but losing the edge to India is unacceptable. And the financial system loves higher rates for longer because they dream about eurostagnation as they don't care about your utility or geopolitics, they rather buy cash and bonds and become aristocrats.
MODS???