NVDA
NVIDIA Corp
stock NASDAQ

Yah. And frankly, the current valuation is ABSURD. That doesn't mean there is anything wrong at all with the company. Just that investors are a little too hype. But fuck, I'd probably be selling also. Speaking of, I think I do actually own some NVDA lol.

Fell asleep 14 min after the opening bell so regret not being able to open new plays but glad my SPY call expired worthless at least
STO 1x AAPL 187.5/185p @ .50 (currently .26) 12/1
STO 1x ADSK 200/197.5p @ .80 (currently .00) 12/1
~~STO 1x TSLA 220/215p @ .50 (filled .01) 12/1~~
STO 1x SPY 458/459c @ .40 (currently .00) 11/29
STO 1x HD 305/300p @ .67 (currently .16) 12/1
STO 3x NVDA 465/455p @ 1.12 (currently .34) 12/1
STO 2x LULU 417.5/412.5p @ .45 (currently .04) 12/1

And don't forget how badly NVDA is pricing things... taking a maximum premium right now and hoovering up everyone's budgets so next year is going to be challenging on the budget front!

So here’s the deal I need NVDA to rip tomorrow I’ll spare u the details but like forreal I ain’t be on some Wendy’s dumpster shit y’all regarded AI bulls gotta bail me out of this one

Gee, I have no idea what YOU can do! How long have you been trading? What have your average returns been over the last 2 to 5 years?
As I stated clearly in the above post, experienced traders may be able to make, but if you are a new trader then you may be lucky to not lose money in the first year or even two.
Spreads are harder to make good profits as they profit slower, are harder to adjust or roll, and are set up to be defined risk but also often need to be closed for a loss if they do not succeed. Trading spreads on TSLA and NVDA will be especially difficult since they tend to move a lot and quickly.

Mid 40s - got in with my grandparents broker guy, who is nice but kind of a buy low type of guy. He has at like 1.5% fee. He also calls with random stock ideas but asks me what I want to do, and honestly I just don't know. making those choices is stressful and because I am not one of his bigger clients I get the feeling that he isn't thinking about my account that much except for the quarterly or so times he calls to check in and often offer a couple ideas of stuff to buy. usually I have to ask to trim when we score a profit (thanks Tesla) - but have also had plenty of stinkers. I think overall we made money, but in the last 4-5 years I don't think that was the exception
I just keep hearing that index and mutual funds most often out perform individual stocks and am thinking I want a more hands free experience but just struggling with the decision.
pros of staying with broker: he finds nice dividend paying stocks and other places for loose cash like VMRXX.
cons: I keep hearing index and mutual funds outperform brokers trying to hit home runs and it causes me stress to think about. he's also a little pushy and sort of boilerplate talking point car salesman-y which makes me not enjoy talking to him
my uncle advised getting a Schwab account and just moving it all over, and selling things bit by bit according to the Schwab red light/greenlight. it just makes me nervous handling it myself because I made a bad call on a hot tip from a friend in New York and lost some money in my wife's 401k when I tried to be cool and manage it myself.
here are the tickers so have btw:
MMM, ABNB, BABA, AMC, T, BIDU, BLNK, AI, DPG, EB, GOCO, IBM, IP, NVTA, IRBT, KD, NWL, NVDA, PTON, QS, ROK, SIEGY, TDOC, TSLA, X, VTRS, VISA, XRX, ZM (it's a lot to keep track of and I'm honestly not sure how to even go forward)

What does it take to get for NVDA to drop 4-5©

NVDA had 100% ER beat priced in. Godspeed to all. 

I stfg... NVDA beats earnings by 10% and the price drops.
DLTR and CRM beat earnings and just massive green spike.
When is it "priced in," you ask?
Fuck you, that's when.

nothing like making 1/3rd the return of that one coworker who bought apple because "a new iphone was coming out this year" and NVDA because his cousin told him to (also didn't sell at 50%+ gains because not aware of profit taking and now is sitting at 300%+ profits, also he thinks it will go to $1000 a share)

Post Close
The sharp spike this morning hit resistance on the SPY and QQQ and promptly got rejected, giving us a mixed day in the markets.
The SPY closed down .07% to 454.61 with the VIX moving higher to 12.98 up 29 cents.
The QQQ also dropped .10% to end at 389.81.
The SMH held onto a gain of .92% to end at 162.21.
AMD also held some of the gain today closing up 1.51% to 123.85 after tapping a high of 125.73. INTC closed up 1.61% to 44.94, NVDA up .67% to 481.40. MSFT had a red day down 1.01% to 378.85.
So a mixed day with a strong rejection on the indices.
Salesforce (CRM) reported after the close and beat with strong guidance and the stock is up over 5% after hours.

Hey last time I did this when I bought a TV I picked NVDA and after I made 15% I sold and just bought VTI.
SCHG seems safer than throwing it all in XLK.
If I left the money in my savings account I'd get what, 1.3% interest or something like that? For a year.

I mean if the NVDA beat and the gdp numbers couldn’t save this then get ready

Of the little I know of it that all certainly seems to be the case.
I had never heard of them before last week when it was mention in this sub as a parallel play for those not wanting to gamble on NVDA. If/when I know more about it I might be willing to go long but I'm not at all tech or AI proficient.

For NVDA being extremely overvalued…pos has a hard time even going down when indexes are getting slapped…smh should’ve shorted any other mag7  barely eeking out a profit

Selling coin call credit spreads is not the brightest idea. Why would you do that when Coin has fallen as much as it has and crypto is ramping back up. Flip that and sell CSP’s on coin. Cmon dude, sell calls on positions that are near their highs and CSP’s on positions that are near their lows of that have pulled back on strong earnings like NVDA

SMCI still has good fundamentals, though. It has a much more realistic PE ratio for a stock that is heavily involved in the AI boom as compared to NVDA or AMD.
They've been growing tremendously and it honestly might not be a bad play to hold some shares. It still has a very low market cap, so it could easily be a 5 bagger on shares alone in 5-10 years.

Same logic people used when NVDA insiders started selling. No the stock market isn’t going to tank. No they don’t know something you don’t. They just got rich and are cashing out.

I'm up 200% on NVDA and AMD

$NVDA is up almost 4x since the dip last year. I would secure my financial future too and diversify a bit during ATH.