**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

[Duckliver]

Srsly gonna lmao if that drop was all the shares they could scrounge up to short with today

It’s gonna be a short blood bath this week

[MinisterOfLust]

Longtime GME and AMC bagholder here

[SipNPiz]

Someone hack the Nasdaq? Says BRK-A is down 99%

[RobParks2M]

Someone hack the Nasdaq? Says BRK-A is down 99%

There’s a coupe companies I’ve seen like that. SMR was another one.

[stockbruh]

Anyone in ASTS? Put premiums pretty high for an 8$ stock

[RobParks2M]

Unbelievable how much bond yields are swinging. About to sell my TLT shares for an almost 5% gain. I’m not even sure I’ve had the position a full 2 months.

[Abzu]

So, is anyone other than me about to buy puts on NVDA?

The S&P had been dropping while NVDA rises.

Might as well go the other way now lol.

[kusok]

Anyone in ASTS? Put premiums pretty high for an 8$ stock

Normal high options price for a stock that went up recently a lot and quickly. Be careful. Company makes no money, and what do you think people who bought at $1 will do at &10 dollars?

[Abzu]

Normal high options price for a stock that went up recently a lot and quickly. Be careful. Company makes no money, and what do you think people who bought at $1 will do at &10 dollars?

Probably what I am going to do lol.

[RobParks2M]

So, is anyone other than me about to buy puts on NVDA?

The S&P had been dropping while NVDA rises.

Might as well go the other way now lol.

NVDA feels, to me, like a more profitable tesla when I wanted to short it back before covid. It's growth is huge right now and even profitability is jumping dramatically. I just don't know of a time frame that I would feel comfortable buying puts for. I think you have to at least wait a week or maybe 2 following its split Friday to go after it. Do you buy a couple months out? Idk. Lemme know what you decide, I just can't pull the trigger on that when there are companies like CVNA that are legitimately trash with CEO and his daddy cashing out $100M+ in shares while they create one off accounting tricks to show profitability. I'm deep in the puts for CVNA targeting a big fall by August. Wish me luck

[Abzu]

NVDA feels, to me, like a more profitable tesla when I wanted to short it back before covid. It's growth is huge right now and even profitability is jumping dramatically. I just don't know of a time frame that I would feel comfortable buying puts for. I think you have to at least wait a week or maybe 2 following its split Friday to go after it. Do you buy a couple months out? Idk. Lemme know what you decide, I just can't pull the trigger on that when there are companies like CVNA that are legitimately trash with CEO and his daddy cashing out $100M+ in shares while they create one off accounting tricks to show profitability. I'm deep in the puts for CVNA targeting a big fall by August. Wish me luck

I know popular opinion thinks NVDA moons post split, I think it's going to begin moving down right before or right after it(06/07-06/12) but I think it wil catch itself after it enters 3 figures(<999) then moves above the previous high, I'll have to go into more detail later.

NVDA is not an easy stock to buy puts on but I'm a risk taker.

Wish me luck lol.

[Abzu]

It is possible NVDA goes higher after I buy puts but I have a plan for that too.

[RobParks2M]

It is possible NVDA goes higher after I buy puts but I have a plan for that too.

There is a lot of interest from poorcels in buying 100 shares and selling calls against them is the only reason I think they could hold up through next week. What expiration you looking at?

[Abzu]

There is a lot of interest from poorcels in buying 100 shares and selling calls against them is the only reason I think they could hold up through next week. What expiration you looking at?

That would be the perfect time for the whales to take a dump on the retail investor, I'm not 100% sure on expiration but it will be no later than 07/19, the options are super expensive right now so I'm not even 100% sure I'm going to try it lol.

[GeneralSerpant]

So I just checked my stock after like 6 months. What's going on with this NVDA?

[Destor]

Bank of Canada hits out with the first rate cut

[Abzu]

Bank of Canada hits out with the first rate cut

[GeneralSerpant]

Bank of Canada hits out with the first rate cut

Even Canada knows that they can't stop NVDA.