3T company 34B shorts. Gotta get those NVDA clicks somehow.
DeepestWinterBlue on
$34…billion…to be made…? Is that what I am reading?
Organic-Lie4759 on
Gonna be some profit taking on the split, don’t forget.
MaxEhrlich on
I thought it said there were only 34 people trying to short NVDA which I think would’ve made equally as much sense.
Succulent_Rain on
I wonder whether these shorts are going to get burned just like with Tesla or if they’re going to be right this time. I have a feeling they’re going to get burned at least in the short term.
Organic-Lie4759 on
I looking for profit taking by retail- unsure what institutional ends up
Imagine shorting a company like NVDA – positive momentum, leading an Industrial Revolution, ridiculous balance sheet, fair P/E ratio. I thought shorting a company meant you thought the share price wasn’t reflective of the fundamentals. Sure, you can argue NVDA is overbought, but shorting this stock at this point in time is actually insane. Has to be primarily hedging.
Witty-Bear1120 on
That’s misleading. I wrote some calls on NVDA that are deep ITM now. Basically a covered call. So the market maker is shorting a lot of NVDA to hedge. It shouldn’t really count.
Tay_Tay86 on
That’s absurdly low.
It makes sense. They are making buckets of gold every quarter. Mountains of treasure
20 Comments
Gay bears rise up!
Which at about 1% of the market cap is… nothing.
Checks market cap…
3T company 34B shorts. Gotta get those NVDA clicks somehow.
$34…billion…to be made…? Is that what I am reading?
Gonna be some profit taking on the split, don’t forget.
I thought it said there were only 34 people trying to short NVDA which I think would’ve made equally as much sense.
I wonder whether these shorts are going to get burned just like with Tesla or if they’re going to be right this time. I have a feeling they’re going to get burned at least in the short term.
I looking for profit taking by retail- unsure what institutional ends up
Probably a bunch of INTCels
I need NVIDIA to be 1300 and we will be good
Holy fuck that’s all?
Those are all hedges.
https://preview.redd.it/u0buvutju15d1.png?width=428&format=png&auto=webp&s=ab3250f0d5291afa79ea835260cb98e50899b879
Seems to be 10x more
Is that a lot?
It’s called a hedge fam
Most likely hedging their long positions.
Imagine shorting a company like NVDA – positive momentum, leading an Industrial Revolution, ridiculous balance sheet, fair P/E ratio. I thought shorting a company meant you thought the share price wasn’t reflective of the fundamentals. Sure, you can argue NVDA is overbought, but shorting this stock at this point in time is actually insane. Has to be primarily hedging.
That’s misleading. I wrote some calls on NVDA that are deep ITM now. Basically a covered call. So the market maker is shorting a lot of NVDA to hedge. It shouldn’t really count.
That’s absurdly low.
It makes sense. They are making buckets of gold every quarter. Mountains of treasure