Shit’s going down. We had a blow off top on June 20. Quite a violent dump, and now we’re into some consolidation before dumping heavy in July. I expect a slow bleed with some rangebound for another week or two, followed by a major retrace to $95.
Will sell these for $20 each. Depending on when we dump, I may be able to get out when spot price is as high as $105. $115 was tested this week already. I don’t expect it to hold next time.
I’ll cut losses if we rise above $132 at any point. If this is going to happen, I expect it to be within the next 2 weeks, which should only cause me to have a 30% loss. I’ll also sell if we’re above $120 2 weeks from now.
Man to risk this much in a market that wants AI is insane. Best of luck to you. I’ll lose on my calls if it means you won’t be at the Wendy’s dumpster.
elitenoel on
!RemindMe 16 weeks 13 hours
augustusSW on
Fuck you ![img](emote|t5_2th52|31224)
Beginning_Sentence69 on
Way too much capital riding on those puts.
Is this a full port or what?
rottengut on
Was nervous for my calls until I saw this. Thank you for your service
FedToy on
Remindme! In 2 weeks
Revolutionary-Tie911 on
![img](emote|t5_2th52|4640) best of luck
ArtichokePower on
👏 👏 👏 this is why i come here
fen-q on
You do understand that June 20 and June 21 was because of opex right? This is more likely going up than down.
dmitrious on
I’m going to personally wait to see if it tests 132 again and try to grab some puts there, but I think you got the right idea
DarthWaq on
Damn bro! We are in a bull market
swiss_courvoisier on
This is next level homoerotic
Floopsicle on
THE REVERSAL TRIGGER WE NEEDED 🐂
Comfortable-Tea1177 on
Bro this doesn’t make sense . You realize you can go in the money but there could easily be a correction and this thing can run up at a notice like it did in May. 140k is insane. NVDA has no bad news. 0. Only way to play this is into the earnings. Any mention of a slowdown of exponential growth would trigger a drop
Also these contracts were 5.60 just a week ago. Be careful OP , I’ve lost 70k past month speaking from experience
Constant_Vehicle8190 on
You know, Quasimodo predicted all this.
culzsky on
bro you missed the dip, i bet this is gonna make it go up like crazy
Initial-Shock7728 on
Probably not as bad as you think. You have got time.
Wowmuchrya on
Dude I woulda waited until friday at least… if PCE is good every mag stock will pump.
Good luck mr bear.
FML712 on
You saw that last candle right? RIGHT? ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
GMEtothemoon on
I could understand short term shorting Nvidia but you got an October exp date OTM put. Don’t think this will end very well
since this regard has posted his put yolo up here for everyone to see all other regards can backup the trucks for calls and stocks. this regard is going to loose big time if he holds closer to expiry . if he folds early he might get some back.
unknownnoname2424 on
thank you for your sacrifice
Sharkkboy6 on
Op your about to make a lot of money, just don’t be a pig.
26 Comments
Shit’s going down. We had a blow off top on June 20. Quite a violent dump, and now we’re into some consolidation before dumping heavy in July. I expect a slow bleed with some rangebound for another week or two, followed by a major retrace to $95.
Will sell these for $20 each. Depending on when we dump, I may be able to get out when spot price is as high as $105. $115 was tested this week already. I don’t expect it to hold next time.
I’ll cut losses if we rise above $132 at any point. If this is going to happen, I expect it to be within the next 2 weeks, which should only cause me to have a 30% loss. I’ll also sell if we’re above $120 2 weeks from now.
![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
Man to risk this much in a market that wants AI is insane. Best of luck to you. I’ll lose on my calls if it means you won’t be at the Wendy’s dumpster.
!RemindMe 16 weeks 13 hours
Fuck you ![img](emote|t5_2th52|31224)
Way too much capital riding on those puts.
Is this a full port or what?
Was nervous for my calls until I saw this. Thank you for your service
Remindme! In 2 weeks
![img](emote|t5_2th52|4640) best of luck
👏 👏 👏 this is why i come here
You do understand that June 20 and June 21 was because of opex right? This is more likely going up than down.
I’m going to personally wait to see if it tests 132 again and try to grab some puts there, but I think you got the right idea
Damn bro! We are in a bull market
This is next level homoerotic
THE REVERSAL TRIGGER WE NEEDED 🐂
Bro this doesn’t make sense . You realize you can go in the money but there could easily be a correction and this thing can run up at a notice like it did in May. 140k is insane. NVDA has no bad news. 0. Only way to play this is into the earnings. Any mention of a slowdown of exponential growth would trigger a drop
Also these contracts were 5.60 just a week ago. Be careful OP , I’ve lost 70k past month speaking from experience
You know, Quasimodo predicted all this.
bro you missed the dip, i bet this is gonna make it go up like crazy
Probably not as bad as you think. You have got time.
Dude I woulda waited until friday at least… if PCE is good every mag stock will pump.
Good luck mr bear.
You saw that last candle right? RIGHT? ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
I could understand short term shorting Nvidia but you got an October exp date OTM put. Don’t think this will end very well
https://preview.redd.it/n1v9b2ege19d1.jpeg?width=1734&format=pjpg&auto=webp&s=40b3df662e6cfbbd5b079efe746c9a5b717d15f3
since this regard has posted his put yolo up here for everyone to see all other regards can backup the trucks for calls and stocks. this regard is going to loose big time if he holds closer to expiry . if he folds early he might get some back.
thank you for your sacrifice
Op your about to make a lot of money, just don’t be a pig.