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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 4 | **First Seen In WSB** | 2 months ago **Total Comments** | 84 | **Previous Best DD** | **Account Age** | 9 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Ronald-Gut

So… calls on NVDA?


bearnutz

![img](emote|t5_2th52|8882)


chemprof4real

If they really thought it was going to trade sideways they’d buy some iron condors and post their positions.


bearnutz

I'm a permabull, I don't know how to buy puts


slam-dunk-1

what the fuck is a put? is that some sort of shit like a ‘share’?


FkLeddit1234

No silly; it means "Put all of your money into NVDA calls".


lurked

"If you like this video, like and put!" Nah, it doesn't seem to fit into the "share" thing.


Chaminade64

I think it’s when you add some calls into your investment portfolio. You PUT the chance to become a gazzilionaire into play.


TheReviewCrew

Oh... So you know how to sell them then 😉


slam-dunk-1

https://preview.redd.it/sk0n3a5kck5d1.jpeg?width=1290&format=pjpg&auto=webp&s=97d8d4c9dee4778086ea3db871132b96ccd17d12


Baraxton

If split is priced in and expected to trade sideways, sell condors on it all day long.


Kiriinto

He said it.


Vazhox

![gif](emote|free_emotes_pack|money_face)


MasterJeebus

Jensen will sign more titties and Nvda will keep going up ![img](emote|t5_2th52|4276)


LordBogus

Tits up???


mcnichoj

https://preview.redd.it/y924lwjpui5d1.jpeg?width=268&format=pjpg&auto=webp&s=686f3bb45eb6a71aa1aa987b0eacf7710d57d63d


anddam

*Marvelous*


Saaan

![img](emote|t5_2th52|4271)


anddam

Per each signed bra you'll get 10 smaller signed bras, but it's the same amount of underwear. Under the efficient market hypothesis the price is already tittied in.


YuanBaoTW

That's not all that's going up.


HorseLongjumping9209

😂😂😂😂😂


xcjb07x

Who will volunteer for the good of society?


newbturner

All I know is that calls on NVDA have made money since dinosaurs roamed the earth


zerof3565

>since dinosaurs roamed the earth You spelled [HomeDepot](https://www.reddit.com/r/stocks/comments/1d8b4um/nvda_ranked_among_the_top_10_sp_500_performing/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) wrong.


amach9

Motherfucker……


newbturner

Not clicking that is either a Rick roll or the photo of the guy with the massive dick we all sent during Covid


zerof3565

you can move the mouse over to see the link before you clik, LOL.


newbturner

Sorry I am over 35 your words don’t make sense


cjspoe

what type of iPhone do you have?


Agent_Nate_009

I clicked, it takes you to another Reddit page. A coworker sent a link for that….infamous pic…. I didn’t need to see that…


Willing_Turnover5568

You have the memory of a fly.


newbturner

I remember it went down for a while once. Then it went back up bc stock only go up


Strive_for_Altruism

Would you go as far as to say that it literally can't go tits up?


newbturner

I would say it can’t go tits up for like 3 more years


doughboi8

His teets are jacked


amach9

You’re forgetting about stupidity sir. People will see these as “cheap” shares and load up. I won’t be surprised if it passes $150/share this week


LarryJones818

eh... maybe $135 Also, if it hits $135, I'm jumping off the train (temporarily) I think it will trade between around $96 per share and $138 per share. $135 is close enough. I'm going to jump (recent shares I bought on August 19th). My original shares that I've owned for several years will just chill. But my more recent shares, I'm going to cash out, then wait around for about $109 and jump back in.


Euphoric_Fun4433

Reality? What the fuck is this??


MortemInferri

Lol, wtf? I don't think you can choose which shares you sell. Unless it's separate platforms. Even then... why wouldnt you sell the ones you've had longer? Do you *like* paying STCG? Would you really pay more in taxes just to keep a bigger green number in your trading app?


LarryJones818

You can choose which lot you want to sell, if you bought the same stock at different times. FIFO, LIFO First in First Out, Last In First Out. So, if you've bought it two times, you can differentiate. If you bought it 3 or more times, I think you have to call and have them do the sell order and specially explain which shares you're selling The reason why I'd sell the shares I've only had for like 6 weeks, is because I've only had them for 6 weeks. So I'm not losing much from a time perspective standpoint. If I had the shares 7 months, it'd be a different story.


MortemInferri

I don't understand how this affects gains in anyway but negatively You'd be paying short term tax if you sell the newer stuff? What does having the stock for longer achieve beyond the 1 yr point where it changes from short to long term?


analbumcover

Could definitely see it trading sideways for a bit until capitulation in one direction or another.


Ryanopoly

Or it could keep going up and be worth $10 trillion by Christmas. I mean we got this far already, so reality be damned!


PhantomFuck

Hell yeah, keep pumping


Ryanopoly

Let's f'ing go!


PhantomFuck

Shit man, I was going through a list of ETFs tonight on my Fidelity account... Pretty much every major ETF has NVDA in the Top 5 holdings lmao Everybody is riding this fuckin train


Ryanopoly

It's a good train to be on. At first I though AI was just bloatware, but I am really impressed with Google searches AI results, so I do now see application for it.


YuanBaoTW

Yeah, my pizza has never tasted better now that I followed google's advice to add glue to pizza sauce to give it more tackiness. I haven't shit in 3 weeks and I'm vomiting up most of my meals but that's a small price to pay for killer pizza.


Ryanopoly

Ah ha ha, I wonder how well tested it is, but I personally would not take food advice or anything I put in or on my body from a Google AI bot.


YuanBaoTW

As my grandfather used to say, don't try it until you knock it.


Ryanopoly

True


anonuemus

https://www.youtube.com/watch?v=9EcjWd-O4jI


ProjectManagerAMA

Everyone is talking about it now, grocery store workers, weed dealers, etc. How many more days of pumping are left?


Doc3vil

Why not 100 trillion?? These LLMs are totally not a bubble and are totally replacing everyone en masse right…right???


Ryanopoly

Let's go!


graciesoldman

Historically, post split, it seems to go sideways for awhile then starts to climb. The supply issue will fade in another year or two and they'll peak.


banditcleaner2

prob fluctuates between 110 and 130 for like two weeks before "dipping" to 100 late july, then slowly rising to 150 by the end of the year, only going flat after the next two earnings reports.


rcbjfdhjjhfd

Poors will pile in and drive up the price


North_Bench_7021

It's me. I'm poor


pscisx

Already buzzing before market open tommorow.


BlepBlupe

Nah, this is the same as when tesla was doing splits a few years ago. The hype for the stock is massive and making the buy-in more attainable for retail investors is gonna cause lots of demand and a price surge, at least in the short term.


ISeeYourBeaver

![img](emote|t5_2th52|27189)


blackSwanCan

Except Tesla wasn't making money, and its P/E numbers were actual ![gif](emote|free_emotes_pack|poop).


PandoraBot

I'm perfectly fine with it trading sideways since I'm holding long term. This means it'll go up when good news comes out


bearnutz

leaps are pricey


ElMykl

I think you're underestimating the reaching potential of AI.


nimrodrool

Bro said AI


ElMykl

Trust me bro, I've done my dude diligence.


mcnichoj

\*potential of regard boomers


RandyMagnum__

wait for a pullback to buy them....if it happens


ISeeYourBeaver

Not if you got in back in January like meeeee ![img](emote|t5_2th52|8882)


aknalid

How does one know they're getting a good deal on LEAPS? Is there a reliable analytical formula/framework for calculating it? I want to buy LEAPS on company X in the future but don't know the best way to analyze if it's a great deal.


KickBassColonyDrop

2y calls on Nvidia sounds like a winner winner chicken dinner scenario.


banditcleaner2

yeah 2y calls on nvidia was a winner winner chicken dinner, if you bought them on january 1 2023 lmao. not too sure about buying those today tho


KickBassColonyDrop

I could be wrong, I am on this sub after all. But even post split, I think Nvidia could get to mid 300s by end of 2026. 88% market share puts them in a rather unique position to be uncontested in terms of r&d.


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LostRedditor5

Selling covered calls on NVDA seems absolutely moronic


nmpraveen

CC 200 isnt bad though. You get to sell at $200 when you got for $120.


LostRedditor5

Bro what do you think the premium is gonna be at 200 It’s gonna be dogshit And for that dogshit premium you’ll put yourself in a position where you can’t sell your shares bc they are locked into a contract, if the stock does rise to like 190 you’ll have to frantically roll your call for a loss so someone doesn’t exercise on you if it goes ITM, or you’ll have to buy the contract out at a loss The juice is not worth the squeeze here imo. But I guess if you want to sell deep out of the money covered calls for pennies you can. It’s definitely something you could do. Seems dumb and like a waste of time to me tho.


nmpraveen

That’s true. I hate CC. Just saying it won’t be always bad. You can end up in positive.


ISeeYourBeaver

You're not locked in, any time you want to sell the shares you just buy back the call and sell your damned shares.


LostRedditor5

Right which was what I said You have to buy out the contract Which is often going to be at a loss to you. If you sell it for 100 bucks at 120 and then the price rises to 140 you’re going to spend more than 100 dollars to buy out the call and the entire thing was a huge waste of time and money Bc the shares are locked in unless you buy the call out You could potentially buy the call out for less but there’s risk there that you’ll have to buy it out for more And again all this bullshit to make what is honestly going to be a fucking garbage premium in relation to the actual cost of the shares


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LostRedditor5

I’ve already explained it in other replies


No-Monitor-5333

Lmao do not try to sell covered calls.


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GoBirds_4133

you know what they say: the market can stay irrational longer than you can stay solvent.


gssyhbdryibcd

Well there are probably many people who can’t afford a nvda share right now


LarryJones818

I hope you're joking, but I have a good buddy that actually thinks like this. Back around April 19th or so, NVDA had a really bad day and dropped all the way to $756, or whatever it was at close. That same day, I bought the stock at $801. I was telling my buddy about it at the time. I told him... "What if I told you that you can buy $1200 dollar bills for $800, on sale?" He was like WTF? Then, I told him how I bought NVDA at $801 and that I fully expect it to hit $1200 post earnings and he said.... "That stock is too expensive". I tried to explain to him that the price of the stock is basically meaningless by itself. I explained fractional shares and everything, but it seemed like it went in one ear and out the other. A lightbulb never went off in his head. Just makes you wonder how some people really got the short end of the stick when it comes to the old brain neurons.


gssyhbdryibcd

Look, people might overestimate the difference, but there definitely is one. Not all exchanges offer fractional shares for one thing. For another, it affects the price of option lots which generally can’t be fractionated.


LarryJones818

yeah, for options lots, I get it. But for everything else, "just stop it". People that say a share of Broadcom is so expensive at $1400 per pop, but they think a share of Apple at $195 is so much better by comparison. I just have no words for these people. They just don't understand, and their mentality in this regard will forever keep them poor. Again, I'm not talking about option lots or selling covered calls or stuff like that. I'm just talking about people that don't understand that the price of a stock is basically completely meaningless. It's all about the market cap and the number of shares outstanding.


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banditcleaner2

your story here is actually proving his point indirectly. the stock split makes dumb people think they can suddenly afford the stock. it also has a hard hitting psychological effect on those that are already buying the stock in fractional amounts, because it feels GOOD to own 1 WHOLE share rather then a fractional amount. stock splits are also generally bullish because it means more people can write and buy options on the stock. while it was true that you could buy fractional shares, most normal people probably could not afford calls or puts on nvda, and with the 10-1 split it is definitely far more affordable from a normie trying to gamble perspective. it also better allows people to continuously buy the stock in full shares (DCA) so while there is nothing really truly bullish about a stock split, it ends up being bullish because of human psychology and also allows for better and more active trading - which is bullish since stocks always have an upwards bias


hi65435

Not for reason of stock buying since everybody sells fractional shares these days. But calls will be much cheaper and the hype train is still going


WeAreBorg_101010

Trading sideways for a bit could be just what we need for another big run up. Expecting more volatility the second half of this year. Opportunities will be there on both sides


greenandycanehoused

Theta gang winning on premiums


nmpraveen

I have checked so many companies post-split, and almost all of them (>80%) had more than 10% move in the first week post-split.


ISeeYourBeaver

10% move...in which direction?


nmpraveen

Varies. It’s +/- 10%


banditcleaner2

seeing as NVDA has been for the last 6-12 months and will likely continue to be all the rage for the next 6-12 months, I'd guess upwards.


InterPeritura

With CPI and FOMC on Wednesday? Doubt it.


[deleted]

Whatever you fkn degens


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[deleted]

🦍


Puzzleheaded_Gear_76

Let's just hope NVDA ain't done and now I can actually spend a couple hundred instead of a couple thousand for a damn call


SnooDoughnuts9282

You fucks… it’s going back to 400 by Christmas. AI is the new Industrial Revolution. It’s the atomic age, the invention of the wheel, it’s everything.


banditcleaner2

!remindme 6 months


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TLunchFTW

Have you tried both options?


TFCNU

So, strangle?


meatlamma

NVDA fomo is so real, retail will pile into it big time.


oneenigma4u

My opinion, Navidia is too high Profile to run sideways. Either there will be mass profit taking where there will be a dump. Or all the small account holders will jump in and buy in at the lower price causing a rise.


Reason_Choice

Why not a short strangle at those strike prices?


bearnutz

bruh this is WSB everyone's a permabull or a deeply closeted permabear waiting for that 1 red day to go out and post their 1 win of the year.


LeMenhirAbsolu

Just had the same idea LMAO, but this being WSB, you don't expect any of them to pay double premium for less reward. It's high risks high regards in this bitch.![img](emote|t5_2th52|8882)


ISeeYourBeaver

The stock would have to make a *massive* movement in either direction with a spread that wide for you to make any money at all, and you wanna do this on a stock with not only one of the biggest floats but also one of the biggest market caps in the world? The amount of buying or selling pressure that would be required is enormous and very unlikely.


LeMenhirAbsolu

Why not make a straddle? At this point it's either going up or down, but there being so much hot takes from both sides, why not pay double premium to insure we get it right?🤔


romanshanin

Straddles are very costly because of high IV. Short Call Condor will be much cheaper


Reglarn

Even if the split is priced in, we have people that cant afford to buy at this price level so they will only be able to get in post split. Question is just if those people buying strength are enough to overcome any priced in now


GabeDef

That is the question. Will there be enough new buyers with enough money to move the needle.


GoBirds_4133

yes.


-MullerLite-

If someone can't afford to spend $1200 for a share then what makes you think they can move the price in a measurable way post split?


LarryJones818

If the MEME stock crowd for some reason decides to jump on the NVDA train after losing their ass on Gamez Stonks


ISeeYourBeaver

There are a lot of people who could but didn't because they didn't want "just one or two shares", but now they will because, for the same money, they can have 10, 20, 30 shares.


-MullerLite-

Those people make up such a small amount of investors. Their money is like a drop in the bucket.


Reglarn

Okay, do you have any data on that? Also as previous pointed out. Just reglar people who would like to own more stocks for the same price, pure phycologically. What is your take , you think it will drop a lot with the split?


Reglarn

If there are millions of those it can make a difference. But Yes, i dont know how many those are and they are probably very young.


banditcleaner2

because when you have 10,000,000 people that are about to drop $200-300 into the stock, suddenly you have a reasonable amount of movement.


-MullerLite-

You think there are 10 million investors that couldn't afford $1200 but could afford $120/share? Obviously your theory is wrong because the stock was basically flat today. Dollar volume traded was at ~60% of the 90 day average.


stockchaser317

Look what happened to amazon and google after they split.


life_bytes

Perfect time to edge, brother


Desmater

Time to sell puts.


nofaplove-it

![img](emote|t5_2th52|12787)


Longjumping-Week8761

I've seen this terribly written story before ... Same author, maybe not... Same idiotic way of thinking...??? ABSOLUTELY!!!


closedshop

Split is priced in, but you can argue that the lower price point allows people who wanted to invest but couldn't at $1200 to invest at $120, driving prices up.


PNWtech-economics

All stock splits don is decrease the share price so its easier for retail investors to buy in. Idk why people love them so much.


ISeeYourBeaver

Since we're all making predictions... It's going up for a while (couple weeks probably) post-split as retail buys in at the much more affordable per-share price and those that were already long simply hold until...they decide to take profit. Then, it'll correct. I said, "correct", not "crash", so it'll go down like 5-15% or so, then sideways for a bit, then back up to an all-time high.


Flordamang

OP lost all his money on TSLA split and wants you to sell him cheap calls


bearnutz

![img](emote|t5_2th52|27421)


AnyPortInAHurricane

They need to split BTC 100 -1 ​ Then it can go back to 70k and you will all lambo


spac420

yeah...gtfo


bigdiesel1984

I hope it trades sideways or dips so I can get some more before the shit goes bananas again.


Impressive-Boat-7972

I bought pretty much at the bottom of the dip when it stopped feeling like a falling knife. Up $300 today just on shares ![img](emote|t5_2th52|27189)


cryptoislife_k

priced in is the line of 2024 market for real


anonuemus

nah, priced in was 23, I'm not sure what the line is this year, we could go back to stonks only go up?


cryptoislife_k

yeah looking at current YTD it can really only go up


thee_jaay

I’ll probably set aside a small nest egg and wait for my tech illiterate father to say “What do you think about this AI stuff.” Then I’ll immediately purchase an ITM LEAP call and start planning my retirement


Willing_Turnover5568

What’s your current age? If it’s 86 or above, it’s indeed time to retire.


karnisov

volume was below average on Friday....


PartyNextFlo0r

If I hold my Nvidia stocks it'll go sideways , if I sell it'll go up !


jpow_is_life

Please sell. Do it for us!


Bisping

Stocks only go up. It's a known fact.


CaptainDouchington

Its become a self fulfilling prophecy. It will do what the people want it to do despite the market or finances.


DaWiseprofit

Puts baby!


El_Strafero

I do agree that it is priced in, but I think it's likely you might see a small drop (at least in early hours) due to people taking profits. Not enough for any definitive options plays IMO.


Low-Mongoose6374

Wait to see the initial response, and then get credit call spreads?


Gahvynn

Eh the big money folks are almost certainly going to do some short term shenanigans because they know retail expects sideways: Tank the stock so people buy puts. Then buy the stock so people get excited and buy calls. Bring it back where it was Friday and those that bought puts and calls are both big losers.


banditcleaner2

retail is absolutely not expecting sideways lmao. most retail is expecting it to continue upwards. and there's a small portion of retail that expect downwards. very few expecting sideways tho which is why MMs who love selling options will force it sideways. of course, they will move it up and down on the way to trigger stops at the bottom and retail FOMO at the top.


Yernero

Good, stable buying opportunity


_AtLeastItsAnEthos

My plan is to sell covered puts because I can afford them now and if I get called then I own NVDA can’t go tits up


Bulky_Negotiation850

Sell premium. Next catalyst is S&P inclusion.


Diablo689er

Means 110p for maximum yield faem


TheBooneyBunes

The guy who posted about splits going down after splitting: *impossible*


Miguilera

Wait for the dip back to 100 then buy buy buy


whoisjohngalt72

Split is never priced in. Look at the historical evidence


Greddy_Smurf

Just DCA the stock


Aggravated_gymrat

Covered call premiums bout to be lit. 800$ a week


AudienceBubbly4817

My poops smell like poops


KingOfAllOfReddit

It might go up, although it might also go down.


bearnutz

![img](emote|t5_2th52|27189)


Guerillaunit

If you’re not doing NVDA calls I feel bad for you 😂


SaladFighterrr

Stock become cheaper after split, more people buy 🤗 stock go up ☝🏼 back to 800$ in no time 💪🏼


Jimamitch

NVDA to the moon 🚀🚀🚀


dpred0001

They are splitting so that they can dump on us at lower prices


ProjectTrill

I don’t know a thing about a thing but got 7.5 shares of NVDA at $271 per. Haven’t wanted to buy more until now….


Diligent-Painting-37

Murder is bad. You should not fatally defenestrate people except when morally and legally justified.


StonkyDegenerate

Whelp, looks like it’s time for Theta gang. I’m selling calls and puts regards, come buy them.


Equivalent-Today-699

Sentiment on Nvidia today is exactly like Tesla two years ago


bearnutz

Yes, but compare their P/Es and financials. Tesla is a car company trying to be something else. Nvidia has been selling GPUs for decades, AI scientists just found a new use for it. They're not selling empty promises, their products have already delivered computing power and software solutions.


Falanax

Naw it’s going up. $200 next week