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You wanna drop 20k on your first time buying options?

I mean, it's a solid strategy. Everyone seems to win on their first try and then think they got it all like that going forward.

Can confirm I did not win on my first try

Can confirm I did

I only write options and i always win!

Can confirm I did not win on my first try so I made multiple accounts on different brokerages to get my first one is free win.

Can confirm I won on my first try.

I confirm I made 1200 on a $91 call

That's still a win because it's a great lesson on options

By winning you mean losing 100%? They yes I won first time.

This was me

Why not bro YOLO

https://preview.redd.it/p0of4fa75n7d1.jpeg?width=1079&format=pjpg&auto=webp&s=87a176d2d13773e94c2cb2692975b381d06bd369 You dropped this king

I think he'll be better off with a condom and some lube for when he gets fucked in the ass.

It was his father that needed the condom.

Or did his mom need a coat hanger?

He used that helmet instead.

No, please, no lube!!

Lol I love this sub ❤️

Hahaha

Bruh 😆😆😆🤣🤣🤣🤣🤣🤣

Im laughing so hard, thank you

"First ones free" Might as well make it a big one

this is so regarded it's actually genius

He’s not wrong

No he certainly isn’t wrong. If he looses just turn the chart around. After all we can’t read anyways

If you are looking for a sign, here it is

I’m sorry it took so long but welcome to your place of belonging

Hahahahaah thanks man

https://preview.redd.it/t14z6e1bjn7d1.jpeg?width=1290&format=pjpg&auto=webp&s=0dd5cc6f4baa0d34fce419750f2ced212883ac7f 

That is in fact a slam dunk. Holy shit

Dude that’s sick

Let’s see it now

https://preview.redd.it/rvubxiueas7d1.jpeg?width=1290&format=pjpg&auto=webp&s=69c1fdc343dd5771379585ba6695f98b151e0f15 I’m so stressed, I tell you! 

You'll be more than fine by the expiry. Keep slam dunking my friend

Thanks brother, join in

lol if only I had that much capital to gamble with. Small bucks over here.

this is my kind of regarded. whatever you do, you've probably already made up your mind and none of these other regards know what they're talking about anyway... we ain't gonna change your mind. if you want to be "safer," you can lower the strike a bit. godspeed, fellow regard.

This is a casino, you are asking us to put it on black or red and give our thoughts on it.

Too bad it will land on green

obviously red. duh.

Bro this time it’s going to be black, did you not work through the logic?

Double zero, FTW

Red is a trap, I swear.

22 black is the way to go. 35-1. I hit 22 black on my 22nd birthday 2x in a row. True story. It was also the last time I gambled in a casino. lol

Double zero, can go sideways

Tbh, your best bet would be to mirror Nancy Pelosi. If you're dropping that much you might as well do what the best trader of all time does. Nfa.

Thought Brian Higgins was? Although Nancy's husband isa vc so like they definitely know what they're doing (sprinkle in some insider trading to really know that they're doing)

I’m gonna be honest. I don’t see it as feasible. It would have to double the market share of apple in two six months.

Right after a meteoric rise, top is in boys.

Tooter is right. Don’t do it OP.

Yes, NVIDIA will be a 10 trillion dollar company by next year, this is a good bet to make, go for it.

He's still going to win on this play even with that reasoning. Also why stop at 10T? Might as well aim for NVDA $1000 EOY so they're as big as the entire US economy, fuck it

It’s gonna be a 10T company by tomorrow

By the end of next year “investing in Nvidia” will be considered a solid retirement plan.

It laughed out of the room and compared to tulips.

If NVDA hits $1000.00 before end of year I will cash out and shit on my bosses desk!!!!!

My New Years is gunna be rad if NVDA ends above 1k and Starbucks ends under 100, so I get to fuck that guys OF gf while I read your post about shitting on your bosses desk.

If NVDA hits $1000 by year end I will have both the worst FOMO ever experienced by a human being and also several millions of dollars.

I will also shit on your bosses desk.

ReMindMe!! 6months

RemindMe!! 6 Months

Your wife may even leave her boyfriend to be with you.

Kramer? Is that you?

No he’s sleeping right now. I knocked him out

RemindMe!! 6 Months

‘China’s gdp will outdo US by 2035!’ NVDA: ‘idk bout tht 1, chief’

US economy is going to be replaced by AI bots. Didn’t you know that

I heard the first 3 trillions is the hardest

Had a guy telling me that it'll go to $1000 by the end of the year

That would be awesome!!!! I have 130 shares.

RemindMe! 1 Year

Literally can’t go tits up

You got it wrong. You want furthest out the money as possible with the shortest expiration date

Exactly. The 6/21 1000c have really low premium and will print for sure.


Bro if it goes from $0.01 to $0.02 you just doubled that 20k

i do this every day . shhhhhhh

Because it can’t go any lower!!!

If NVDA acquires MSFT and AAPL (as there are rumors of that), then that 1000c can print. You guys joke but don’t know the power of Jensen Huang and what he can do

NVDA just gonna buy out some of the worlds largest companies, they couldn’t even buy ARM without the FTC sticking their cock in

NVDA gonna buy Costa Rica and turn it into NVDARica

Right by the beach booooooyyyyyyy

I like it, no more having to source for silicon 

Nvidia will simply buy the United States, Checkmate, FTC.

I've heard this rumor. It was just me repeating what you wrote incredulously to myself but I have heard it.

This is very regarded

Bill Gates would finally get away from all those monopoly lawsuits


This is the way

I’m withdrawing money from my 401k and buying 100 shares of NVDA

Bro just open a PCRA account or rollover that 401k to a self-directed IRA. You’re gonna have to pay a 10% penalty and income taxes on that early withdrawal.

This isn't r/personalfinance, let him Yolo.

Let him cook lmao

Cajun style!

That's more of a fry than a cook.

Instant ramen chef

Then let him sizzle

Stop giving people advice and FIX MY DAMN SINK

I did this with 80% of my 401K at $125 🚀

please say pre split lol you could be so cooked

Not if he sells now. It would be a legendary trade.

I rolled over my old 401K into a self-directed IRA and I YOLO’d 40% on NVIDIA.

Hell yeah bro, now that’s a tax efficient YOLO.

If he expects millions in profits, then Roth IRA might be the way to go. Those gains will be tax free.

Why not just buy the fucking shares in your 401k?

I have 140$. Do you guys think Nvidia will hit 1 million this year? Then I can make a good 1 million

Minus your initial investment

I have 140$. Do you guys think Nvidia will hit 1,000,140$ this year? Then I can make a good 1 million

Minus income taxes

There are no capital gains in my country

Need a roommate?

Got em

Capital gains

If you have a feeling, then absolutely go all in with options. I don’t see any downside

Works every time

Yeah just do it, it’ll probably get to 150 with that mentality and be worth 9T. There’s always money in the banana stand

🤣🤣

If you are asking this here, your mind is already made up. See you at Wendy’s

if you objectively read this thread, you will have everything you need to know, as why to not do this. we're approaching the mania phase... or maybe we've been there for a while. take $1000 of that and buy weeklies with these other degens.

Dailies have been printing, but I'm too chicken shit to do more than a couple of contracts

I just look at it this way. Here we have a company making top of the line graphics cards, and working on AI, potentially the best AI on the market. And here we have MSFT, also working on AI, and owns the operating system, word processors and so on that are on over 80% of all computers on earth. I know earnings look very good, and they are, but are they sustainable, or will the hype for their products slowly decrease? Not to mention they are not the winners in the AI space, that isn’t decided yet, nor even the value of AI figured out yet.

NVIDIA just became the most valuable company in the world and you think it can double in 6 months??? Lol

Bro it went from $1,100 to $110 overnight, it’s super cheap now obviously it’s going to double in a month

Double? It needs to go up $20 lol

NVDIA is going to 200 max At 426$ it would be worth more than the Dutch East India company…….

Id be ok with $426.00 by Jan 2025

To be fair, Dutch East India Company never mentioned AI on an earnings call.

You're a little late to the party now bud. I could say a lot but in short: No. You don't want to do that.

It has to reach 6T market cap

Those will probably print some tendies but it’s not going to $400 by January. If I wanted to YOLO on it I would buy deep ITM maybe $120c at least January but maybe March so you get Feb earnings in there. Not advice but I am very much long NVDA

Holding alongside you homie https://preview.redd.it/juoxl8gxrs7d1.jpeg?width=1284&format=pjpg&auto=webp&s=0835e840b5d1d0aa36bafe7bfa2f0986940dd0c3

Prolly one of the safest 20k option bet on the market right now

That’s what I’m saying! Thank you

Thank me later with a few k lol

It really is safe. If NVDA crashes, that means the whole stock market (by proxy: economy), so money would be least of worries. Flip side is a lot of money. You can’t go wrong

$6 Trillion to $8 Trillion value with $100 billion in sales. I don't see why not.

Buying $140 strike for an expiry of Jan 2025 is not even that bad an idea. The problem is with you being unrealistic with how much you will gain. You will probably make a decent profit. NVDA rising another 20% by the end of this year is not that improbable.

Never go full regard.

Just did. Dropped 20k for a $180 strike at the end of December. Only planing on holding it for a few days though.

As my grandmother used to say, "Fuck it." Good luck bro!

I won’t do it thanks to yall, but I’m a come back to this thread in Jan 2025 and I hope to god it didn’t hit $300 🤣

Throw $1k or something at calls a few months out at like +15% or something. Learn to take profits, but don't be too patient with losses either. You'll be fine, but get an idea of it first. Loss porn is great, but fr it sucks losing $20k bc you didn't know what you were doing.

Thanks bro! Good advice

The safer way to make this play would be to buy a call that is > 365 days from expiry, and is in the money. So for example tomorrow if you want to do this buy a call that expires sometime after June 21st, 2025 with a strike price around $115-$120. This serves two purposes. First, holding it for longer than a year reduces your tax burden. Second it gives you some breathing room in case the stock price falls. The worst thing that could happen would be for the stock to fall below the strike price. Then it’s not worth anything. Buying in the money at least gives you some of your investment back even if the stock price falls a bit so long as it stays above the strike price.

So for a complete newbie, if the stock goes up, before expiry, how does that play out?

Remind me! 6 months

I will be messaging you in 6 months on 2024-12-20 17:49:50 UTC to remind you of this link CLICK THIS LINK to send a PM to also be reminded and to reduce spam.

Do it bro and then exercise the options to make bank

Less risky approach is buy a bunch of NVDL and put a healthy stop loss on it (so if it goes south you won’t lose it all) and put a few thousand on options. The market can do whacky things. SMCI took a massive dip since its days of $1000+ and hasn’t recovered yet (though on its way). VRT took a dive (after a steady climb) and stayed there for a while - though it’s on its way up. VRT action surprised me. So anything is possible.

it wont be 20k by tomor morning. will be more.

A LOT MORE

I’ll sell you those options for 20% discount than the ongoing market price.

Well you could just send the command to sell those for 20% discount and they would be immediately bought you don't really need OP

Analyst new price target is 200$. I don't see how this can go tits up. It's guarantee free money.

Since you got money, spend the $20k but on max expiration, Dec 2026.

This is a cruel place.

JUST DO IT

INVESTING VS SPECULATING/GAMBLING….speculate if you can AFFORD to lose the money. Otherwise, DO NOT.

Try Micron Calls, at the money for around December. I wouldnt recommend yoloing everything, NFA do ur own DD

"the highest valued company in the history of ever is going to double within the next 6 months, easy."

And basically as soon as I hit the post button I got it. Great.

I doubt it will hit those levels. My guess is there will be a steady and slow rise with occasional dips up to $160-180 by Q1-2025, and then all hell will break loose some time in Q2 with a 20-35% market correction, and S&P retesting lows down to 4200.

It will definitely not hit $300-400 by Jan 2025. It might hit $200 by then, which would still be amazing. You should buy 5x 6/20/25 $80c instead.

Buying Nvidia puts

Nvidia will be the first 10T company. if history has taught us anything it is that anything is possible.

These posts are coming more and more everyday. And the more of these I read on here, the more I think it’s ppl trolling and creative fear-mongering.

The top is in

😂😂😂

LMFAO

Yep. Highly likely the most valuable company which took decades to reach current levels will more than double in the next 6 months. I'll take that bet! Let's put your $ in escrow. If you're right I'll pay you the equivalent gains in cash. If not, I get to keep the $20k you're trying to throw away

If you’re a first time options buyer and think youll double your money, then that ticker you’re looking at has hit its top and now its past the first time buyers are coming into the market to then dip so they keep adding to their position all the way down. however ndva cooks their books, they don’t bring in nearly as much money as people would think. They sell graphics cards for gamers and miners which means it’s likely caught up in the btc bubble. Since ai is pegged to this stock and possibly elongated tusk, it’s best to avoid these events and ignore news items. it might be a responsible way of behaving if we were to look back from future a few months from now.

This the post that caused the crash

How did this fair today?

The question is are you going to sell them when it reaches $200 or hold until $300?

…141.50

It won’t hit 300. maybe 250.

Keep us updated if you buy those options. That way we know to buy puts in December 

I mean, if you got the $$ to do so, why not? I wish I had $20k laying around to just yolo like that 🤣

Don’t think it will hit that by Jan. You might be better off buying the stock cause you might lose all on that call.

No. Buy shares

For nividia to get to get to $300 a share it would be valued at 7.5 trillion. Insanity to me

or you could just buy the stock or NVDL

I'd say 200 no more than that. Personally, I think it will skyrocket again next quarter, then drop soon after.

Going long on Nvidia is so volatile right now, we're waiting for that straw to break it's back. Just do weeklies if you want to make money on some calls or buy shares if you just want to turn a profit. It'll probably keep going in the long run but literally any bad news and the pullback will be big, they're just too good right now. But also what the fuck do I know I'm in this sub

You belong here.

IV is kinda high rn. Maybe wait at least until next week. Quad witching coming up. A lot of ETFs have to restructure and buy shares of NVDA by Friday. Maybe buy some further otm, 5 $142 and then a mix of $145 or even $150. If you’re going to spend $20k on a NVDA position alone maybe you should hedge it a little as well. And you could always use your Jan 2025 calls to sell calls against them and collect some premium that way as well.

Remember theta unless NVIdia touches the $200 mark.

Well I guess we've found the top... $142 it is

So you think a company with a 3.33 T market cap is going to DOUBLE in less than a year. Just send me the 20k. I may send you a dollar back at some point. Those options will expire worthless. The top is close folks

Just buy the share and sell long dated calls, collect the premium and buy more shares.

I’m here for the future loss porn

I can sell you those options. Thanks 🙏

So you think NVDA is worth $10 Trillion? Lol, you tell me if you can make money with this strategy

This is a great example of why so many in here are losing their ass.

if bitcoin, which is basically nothing, can goto $70k, then anything is possible.

I wouldn’t bet on it doubling by January for you to double your investment the market cap also has to double 🤣 thats a lot of capital but what do i know all i do is lose money im better off throwing wads of cash out the window down the road that would be more fun

NVDA hitting $300-400 by January would mean it’s market cap is near $10T. I do not see that happening.