Still think TITNC3: Return of the Iceberg was peak

Looking at the chart my gut says sell NVDA but I’m not so sure that’d be wise

 

Ok...so the issue with this is you hAVE TO TAKE PROFITS...
You can buy an $NVDA call on a dip, but don't get greedy...Take profits because if it rises and then dips again your decay is brutal.
Look at it right now.
The $750 NVDA APR 19 call was $3100 today when the stock was down at open...it's now $3800...
Now your looking at a price of $788 on 4.19 to make that kind of $$...and of course you think WOW..maybe $800....
But you really can't hold the calls long at this price.
And here's what is crazier...
JAN 1 this year..the $750 4/19 was $100...that's right....ONE HUNDRED DOLLARS....
and the stock was trading at $520ish...
Now we say "That was a month ago"
So what call could we get for $100 today?
NONE...
The best you can do for a 4 month out is the $1200 May call for $225....
If you go the same differential for time and cost...a call for shares $230 over current price for 4 months?
That's the May $940 call for $1100...

$NVDA is crazy...

 

I just buy shares lol I don't do calls. Maybe ill adventure into that again later when I have adult money

 

IF (God bless you) you have 100 shares of $NVDA you could instead of selling, sell covered calls...

 

I have 10 lol. 100 shares would be worth over the total value of my roth IRA + normal brokerage acc

 

Sooo..
The $ROKU earnings play got too juicy...I sold back 1/2 the $100 calls @120% (paid avg $285 sold for $580) Now they $100 calls are free

And just grabbed the $750 weekly $NVDA again...cuz why not

 

I have a friend who had 30K to invest in early 2021...we all had $NVDA fever....So I told him buy $NVDA...He got about 42 shares for $30K....
and then of course it split 4:1...so he has 168 shares now...and is salivating at the prospect of another 4:1....
$30K to $117K since Q1 2021...

 

I was told in March of 2020 (when my account was still a minor account so had to have parents login to make a trade) that 3 k in each Tesla and NVDA was too risky. Assume 65$ average on NVDA. Would be over 10x :/


Oh well. I still do ok for someone who’s 21

 

Remember when RIOT was $5-$7 and LINK was $7-$9? I do. NVDA at $150 was also nice but I passed that one off to the wife. She's been giving me shit about her 4X gain the last week. I haven't said shit and won't till OCT. That's 6 months after halving and RIOT and LINK will both be 8X by then. OK, maybe not RIOT cause it ALWAYS fucks me but LINK will for sure. lol

 

Dude should buy you a steak dinner ! Love splits and compounding interest.

 

Remember when we both lost our ass on RIOT calls like 2 years ago because you thought it was a sure thing? I definitely do lol. Or was that COIN? so many have pumped and dumped in the last few years

 

I remember it very well. That's probably gonna happen this time too. lol

 

I think COST and NVDA have a chance of hitting $800 a share before the end of the year.

 

Hmmm... with the changing winds on the Bud light front. I was thinking it might be a good time to throw a little cash at Budweiser for a superbigamebowl rebound but the more research I'm doing shows that they have an impending strike coming in March That is not going to be averted. Union verse Bennies...
So be sure and get out before March

 

Hot damn $ROKU still running.

 

Why not...

 

AMC anyone?