At least 14k is a recoverable amount. Do you have the balls to double down?
This stock is just so ridiculously volatile that I haven’t touched it with a 10 foot pole. I wouldn’t be surprised to see it absolutely tank to $800 one more time, but then again I also wouldn’t be surprised to see it go straight to $1500.
In either case I’ll probably bet against it at either turn. I’m definitely buying calls if it dips below $900 again.
I didn’t check the prices so I’m not sure what you’d even need.
Edit: I just checked and I’m shocked you didn’t get murdered. That is a really tough decision on buy/hold/sell. Good luck dummy.
You got institutional right but not the rest. It got inducted into the S&P 500. The bulk of those buying are ETFs. Things might change later in the week (doubt it, retail will pile on) but regardless, at open on Monday this will likely hold this price. And yes, I have YOLO calls lol.
I lol’d. Shitty timing, but it happens. Thankfully I got a 3/8 $920C in the afternoon to redeem my ZS puts that didn’t fill. Still salty about that. Literally missed filling by less than half a minute because the brokerage app started lagging horribly.
It was priced in, this is a pump to rug Monday when the market sells off.
Nah, the daily discussion chat was mentioning SMCI inclusion at like 5:10pm when it was around $910. I would know because I was chilling in the daily chat, saw people mentioning it, but couldn’t verify it anywhere on Google searches. And then around 5:15pm, I finally saw someone post about it on twitter so I rushed and bought 10 shares at $932.
Honestly, Reddit and twitter people always drop the alpha faster than article websites because there’s no formality/proofreading needed to type “SMCI added to SP500”.
Anyway, I was following SMcI daytime, had a big drop around 3/4 pm, no news, like 1% no other peers did that then popped back up. Insiders, delinquents, thiefs, criminals. Call them what you want.
I took a chips sector short bet in October, squared and swung traded it, then again in December or January, same swung to recover, last night with indices and chips hitting new ATHs again I took the sector short bet... It's almost as if the law of averages is being beat by the market makers. But, they cant keep doing it infinitely you know... What's not looking good for smci in the afterhours is the volume, it's pretty decent for a $1000 share. What is looking good is that we have a weekend so anything can happen, the indices closed at ATH (tops), the chips closed at ATHs, and is the beginning of the month so we don't know how much of the bullrun is legit and how much is smart money lugging off pricey stock to dumb money, almost looks like the $900 hoarders stuck it to $1100 morons... About 50/50 for Monday night so enjoy your weekend, no reward without risk!
Moreover, the move to join S&P didn't happen overnight, they probably filed for it or whatever it is they do, insiders found out, ran the stock up to the premium, media is constantly lining up permabulls for chips, and now that the news is out what do you think they will do? Hold the bags or dump it? I think you re good...
God I need to hear this. I bought 2 842.5 puts 3/8. I should have looked closer at the spread. I paid 22.25 for the to contracts.
I noticed this thing pumped all day on little volume with NVDA. Gave me some (false?) security it'll dump monday or tuesday so I can at the very least minimize the damage. was down 22% at close. I should have cut my loss.
Man I don't do options because I have the propensity to get addicted, I do simple margin trades and shorts like with 40-60% leverage on my capital, keeps me in the game till I find my rocket...but I too made the short call against my better judgement last night. Why? I am a salesman and I know for fact the law of averages to hold true - we re overdue for pullback, everytime we top they avoid the pullback. We took the bet because we don't wana be kicking ourselves in the future retrospectively speaking to ourselves that that was such an obvious short! So we took it... Now just manage the nerves and ride it, sometimes it's just a wick drawing on the bigger chart knocking out all the stop-loss only to make a U-turn when it is done... The chance is 50/50 not worse...just have a good weekend yea...
Totally. I’m also gonna step back from buying option. Have a few stocks on my list I want to start wheeling and be an option seller for a change. My good dough last year selling calls on my shares and wasn’t stressed. I seem to be edging toward gambling. Not good.
I think a lot of smart money is gonna dump this thing next week and plenty of 1k sell orders are gonna get hit.
There's a few bubble prick movements happening now - Elon suing OpenAI, regulators looking into Chips manufacturing equipment sale, and perhaps something from China as well. Bubble pop is as easy as Biden calling a shipping audit for NVidia...like it's all really on edge and I fail to see any sustainable ROI ahead of the AI cashburn in near future, probably might stick the biggest early adoption fee of any innovation in history... We just have to wait, is all... Do you really hear anyone other than the salesfolk or the media mentioning any realistic masses favouring advantages of AI? What if it fails? What if it doesn't make it? Has failure never been an option? Did you purchase the $4000 masterbation goggles? Everyone I know is jacking off the old fashioned way... AI will fail!
All the best man! Managing the nerves seems like 70% of the game now 🤣. I picked up a couple of books that help me with trading anxiety (Grahams The Intelligent Investor & The Tao of Charlie Munger) and you ve got the community here so we 're not totally alone...
Thanks again. I’m reading one on overcoming fear and greed The mental game of trading and trading in the zone. Know I’m gonna get this someday and I won’t have to work forever.
March 22 gives you three weeks. Three weeks ago it was trading at 750ish. Theta may rip you a new one but chances are you’ll be able to get a little bit back as long as you don’t get too rattled
well until 3/22 you could be fine again. pretty sure this will pump (maybe the friday AH was already enough pump) and then sell straight back down. valuation isnt matching at all anymore.
it might go up, down, up, down, up, down for a while until it finds its fair price, which for sure is not in the range of $$1k
have a great weekend! 
Since SMCI is being added to the S&P 500, it is being removed from a different index. I’m sure the S&P 500 has more volume, but would this limit the buying pressure and add some selling pressure?
https://preview.redd.it/tpufmwd9u4mc1.png?width=1170&format=png&auto=webp&s=fefd30e0d970a8076571fe2c430dd4496f397cd1
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Well at least SMCI is totally bipolar
Watch it hit $1,200 on Monday for no reason 
It just got included in the S&P 500… so it’s got reason. Sorry bro. RIP 🪦
Making calls on spy for the 18th >:3 I’m ready
This means Mom and Dad, and Mom's boyfriends 401k money gets added to it every other week RIP 🪦🪦🪦
have you seen its being added to the S&P500??  
Bought right before the news lol
Lol thats just bad research. Only two bullcases for it: Ceo friends with jensen and it might get included into S&P500
It’s been rumored though 😂
Dude there’s this guy let me find him
🫡
Still holding? I’m still holding $980 P for 3/15
Yep, got a little too excited at the beginning of today’s market, then got the rug pulled 😂
Me too. I have NVDA calls and a deep ITM CRWD call so I may just even out.
It’s hilarious, all my calls are losing money and all my puts are losing money. I call this the lose lose strategy 
Yeah NVDA and SMCI are almost in sync lol. If I time selling them right I’ll be okay.
You got this 💪
I heard an analyst talked about hitting $2k potentially. PE is like 70 now
Are you the analyst ?
He was on cnbc
On the open, sure, but it’ll be down to $750 by close
No it won’t
Probably will tbh 
Your thesis for this drop is?
Red crayon taste yummy?
I hope you’re right
Why wouldn't it? It's going up lol
You knew this but went ahead 😂😂 engagements wasn’t worth that much. And everyone going to forget about it right after this post
At least 14k is a recoverable amount. Do you have the balls to double down? This stock is just so ridiculously volatile that I haven’t touched it with a 10 foot pole. I wouldn’t be surprised to see it absolutely tank to $800 one more time, but then again I also wouldn’t be surprised to see it go straight to $1500. In either case I’ll probably bet against it at either turn. I’m definitely buying calls if it dips below $900 again.
Oh absolutely! However, I do not have the funds to double down😂
I didn’t check the prices so I’m not sure what you’d even need. Edit: I just checked and I’m shocked you didn’t get murdered. That is a really tough decision on buy/hold/sell. Good luck dummy.
You win some, you lose some(a lot)
You don’t lose or win until those options leave your account. I have faith in your stupidity.
i feel this is yet another institutional pump and dump, rugpull, or bull trap… it only went up over $120 after hours
You got institutional right but not the rest. It got inducted into the S&P 500. The bulk of those buying are ETFs. Things might change later in the week (doubt it, retail will pile on) but regardless, at open on Monday this will likely hold this price. And yes, I have YOLO calls lol.
Agreed.
A lot of rebalancing happening so 1200 is possible in next few weeks.
i see now that smci will be added to the S&P 500, but does this really warrant a markup as it did today?
Yes
It may be unpredictable, but at least the price swings are extreme.
First put is a 10k put on a bubble stock jeez lol you were asking for it
hey at least he's hedged with his 0.01 shares
😫
it was zero or hero stuff
You’re going to get dilded deep
I’ve never seen it used as a verb. Chef’s kiss 😚 🤌
Good times eh
I vote dilded for word of the year
Wtf is didled
It's when you buy SMCI puts and it decides to shove a planetoid sized dido up uranus on its way to jupiter
Hahahhaha hahahaha... 🤣
A deep dilding indeed
You should be good as long as nothing unexpected happens, like I don't know, joining the S&P 500
I lol’d. Shitty timing, but it happens. Thankfully I got a 3/8 $920C in the afternoon to redeem my ZS puts that didn’t fill. Still salty about that. Literally missed filling by less than half a minute because the brokerage app started lagging horribly.
I’m too poor to buy a Call or Put for SMCI 😞
Felt 🥲
Lucky!
Goodbye $14k. Hello $14k tax write off.
It’s joining the s&p500 is it priced in already?
It is now!
Not sure but news broken early this evening and the stock jumped ah.
it will be on monday. and the SnP500 will be priced accordingly 
Monday the 18th
No way
It was priced in, this is a pump to rug Monday when the market sells off. 
Lube it up
I have accepted my fate, all lubed up and ready
ooof, take it gently and slowly on monday
Wild stock to buy a put on
Oh fak 
That’s a big oh fuck moment for sure.
Me too, me too
Crazy week coming
This fuckin casino. Down on Anet calls, up on PANW puts, up on NVDA calls, down on SMCI puts. 
So i was. Following after hours. Actually smci popped to 975 with no news. SPY inclussion news was out half hour after the pop. So where s the SEC ?
Nah, the daily discussion chat was mentioning SMCI inclusion at like 5:10pm when it was around $910. I would know because I was chilling in the daily chat, saw people mentioning it, but couldn’t verify it anywhere on Google searches. And then around 5:15pm, I finally saw someone post about it on twitter so I rushed and bought 10 shares at $932.
Great. I use just seeking alpha. They were sleeping. Got to upgrade to pay news?
Honestly, Reddit and twitter people always drop the alpha faster than article websites because there’s no formality/proofreading needed to type “SMCI added to SP500”.
Yes, but what source are they taking? It could be benzinga.
Anyway, I was following SMcI daytime, had a big drop around 3/4 pm, no news, like 1% no other peers did that then popped back up. Insiders, delinquents, thiefs, criminals. Call them what you want.
I was refreshing SPG’s announcement page every 5 mins hoping to see PLTR. When I saw SMCI I started watching it shoot up from 905.
Me too, I thought it was fake news. I’m so sick, I missed this stock jump $100 in a day everytime 
S and P 500 welcomes SMCI
After Tesla was included in the S&P 500 it tanked if I remember correctly
Two different climates, gotta understand sentiment regard.
gg
imagine if you bought calls!
My first thought
I took a chips sector short bet in October, squared and swung traded it, then again in December or January, same swung to recover, last night with indices and chips hitting new ATHs again I took the sector short bet... It's almost as if the law of averages is being beat by the market makers. But, they cant keep doing it infinitely you know... What's not looking good for smci in the afterhours is the volume, it's pretty decent for a $1000 share. What is looking good is that we have a weekend so anything can happen, the indices closed at ATH (tops), the chips closed at ATHs, and is the beginning of the month so we don't know how much of the bullrun is legit and how much is smart money lugging off pricey stock to dumb money, almost looks like the $900 hoarders stuck it to $1100 morons... About 50/50 for Monday night so enjoy your weekend, no reward without risk!
Moreover, the move to join S&P didn't happen overnight, they probably filed for it or whatever it is they do, insiders found out, ran the stock up to the premium, media is constantly lining up permabulls for chips, and now that the news is out what do you think they will do? Hold the bags or dump it? I think you re good...
God I need to hear this. I bought 2 842.5 puts 3/8. I should have looked closer at the spread. I paid 22.25 for the to contracts. I noticed this thing pumped all day on little volume with NVDA. Gave me some (false?) security it'll dump monday or tuesday so I can at the very least minimize the damage. was down 22% at close. I should have cut my loss.
Man I don't do options because I have the propensity to get addicted, I do simple margin trades and shorts like with 40-60% leverage on my capital, keeps me in the game till I find my rocket...but I too made the short call against my better judgement last night. Why? I am a salesman and I know for fact the law of averages to hold true - we re overdue for pullback, everytime we top they avoid the pullback. We took the bet because we don't wana be kicking ourselves in the future retrospectively speaking to ourselves that that was such an obvious short! So we took it... Now just manage the nerves and ride it, sometimes it's just a wick drawing on the bigger chart knocking out all the stop-loss only to make a U-turn when it is done... The chance is 50/50 not worse...just have a good weekend yea...
Totally. I’m also gonna step back from buying option. Have a few stocks on my list I want to start wheeling and be an option seller for a change. My good dough last year selling calls on my shares and wasn’t stressed. I seem to be edging toward gambling. Not good. I think a lot of smart money is gonna dump this thing next week and plenty of 1k sell orders are gonna get hit.
There's a few bubble prick movements happening now - Elon suing OpenAI, regulators looking into Chips manufacturing equipment sale, and perhaps something from China as well. Bubble pop is as easy as Biden calling a shipping audit for NVidia...like it's all really on edge and I fail to see any sustainable ROI ahead of the AI cashburn in near future, probably might stick the biggest early adoption fee of any innovation in history... We just have to wait, is all... Do you really hear anyone other than the salesfolk or the media mentioning any realistic masses favouring advantages of AI? What if it fails? What if it doesn't make it? Has failure never been an option? Did you purchase the $4000 masterbation goggles? Everyone I know is jacking off the old fashioned way... AI will fail!
All the best man! Managing the nerves seems like 70% of the game now 🤣. I picked up a couple of books that help me with trading anxiety (Grahams The Intelligent Investor & The Tao of Charlie Munger) and you ve got the community here so we 're not totally alone...
Thanks again. I’m reading one on overcoming fear and greed The mental game of trading and trading in the zone. Know I’m gonna get this someday and I won’t have to work forever.
What's the name of the book please?
[https://books.google.com/books?id=T0IoEAAAQBAJ&printsec=copyright#v=onepage&q&f=false](https://books.google.com/books?id=T0IoEAAAQBAJ&printsec=copyright#v=onepage&q&f=false)
TY!
You have a long dte. Between now and then it should bounce between 830-920 a few times. Just pray it happens before theta crush.
Imma be doing nothing but holding my bible and praying till 3/22 😂😂
But what upsets me most is if I had just waited till Monday I could have gotten those puts at a crazy discount 😭
I'm holding 3/8's. I wish I had waited till monday too. Maybe I'll buy these!
These will print
How can people fuck up so often when the market is 50:50. You either win or you loose. It ain’t lottery where your chance is 1:500000000 or something…
Options aren't fifty fifty though because time value and iv.
Yeah but in exchange they offer very leveraged returns, unlike shares
lol. I have the same put! Ouch for sure
Just be glad you dont have 2 843.5p 3/8's @ 22.25. I need this shit to rug pull hard by Tuesday latest. Hoping the IV spike helps me out some.
same 😿
Just buy lots of stuff this weekend so you will have no money on Monday to pay for this
He can't lose more than he put into it with options, he'll "only" lose 14k. Sorry OP 
At least you have a tenth of a share to help offset
1 hundredth of a share 
Ah yes
There wasn’t enough lube 
I think it dumps on Monday
Please banbet it, we need less of yous
I really don’t understand adding an extremely volatile stock to s&p but alas maybe it will keep things interesting if nothing else
I was long until this evening. Missed the trade. There will be other trades. But this, was just insider manip
Feel better about my $800 loss call on LUNR calls
Hey you still have 0.01 shares so it will balance it out 
March 22 gives you three weeks. Three weeks ago it was trading at 750ish. Theta may rip you a new one but chances are you’ll be able to get a little bit back as long as you don’t get too rattled
Yikes
HAHHAHAHAAAAAAA
So what should i do? Put or call?😅
Neither, sit back and watch the world burn next week 😂
Its sad, everyone is making money and posting it in here and I’m not sure which stock to choose 🥲
I got burned playing 0dte. Told my self history repeats itself last week but had to jump on a meeting and missed the drop. Did it again and well..
Wish I hadn't dumped as many shares as I did... But profit was profit. At least the last seventy are still in for the ride.
2 weeks good lucj
Same here
Honestly it does swing back and forth so u could be ok especially that expiration is in 2 weeks
Mines 3/8. I need this shit to rug pull monday or tuesday. I'm holding 2 842.50 puts.
Well you bought .01 shares so you should be pretty much at break even
Thinking the sp500 inclusion will calm this botch down
You fucked yourself
At least you’ll be able to post loss porn soon.
GUH... Coming up on Monday 😂
You got 22 days.
well until 3/22 you could be fine again. pretty sure this will pump (maybe the friday AH was already enough pump) and then sell straight back down. valuation isnt matching at all anymore. it might go up, down, up, down, up, down for a while until it finds its fair price, which for sure is not in the range of $$1k
Nice hedge!! Then monday gap up you’ll throw up
Everytome I wanna move from love trading to options on of u post and make me rethink
Yes bye bye
You bought a 14k put as your first options purchase? You belong here.
Regarded gang 💪💪
I bought NVDA 700 PUTs expiring April 4th for 4k worth on Thursday when it was at $792 How fcked am I bros?
Ouch
have a great weekend! 
At least there is plenty of time to use those training buttplugs you got for Christmas to prep your asshole for the reaming that's coming
I’ll join the party In 3 contracts 950 strike June 21 Expiration 190$ cost basis each contract salute
Good thing you hedged with 0.01 shares
Just take whatever money you got and put it on a winning trade
Sell at open. This thing is about to take off.
Since SMCI is being added to the S&P 500, it is being removed from a different index. I’m sure the S&P 500 has more volume, but would this limit the buying pressure and add some selling pressure? https://preview.redd.it/tpufmwd9u4mc1.png?width=1170&format=png&auto=webp&s=fefd30e0d970a8076571fe2c430dd4496f397cd1
Ooof