I have another $100k in NVDL that is down about 10%. I don’t have another income source atm and only have about $11k left in cash. Am I cooked?

    https://i.redd.it/nqqb8xkydwdd1.jpeg

    Posted by Key-Chemistry7151

    38 Comments

    1. You’re cooked.

      Jensen is selling off for a reason.

      They were never going to be able to sustain such a bloated evaluation. 

      Same size as Apple/Microsoft with twice the P/E during AI peak?

      Of course it’s a bubble company lol.

    2. Invest0rnoob1 on

      Why did all these people decide to go all in at the top ![img](emote|t5_2th52|52627)

    3. LatterEstimate3027 on

      lol i just come here to see people cry bagholding Nvidia. Ppl were thinking its free money

    4. Your good .. plenty of time for those January.. all it has to do is start moving.. hopefully it moves before September

    5. 25% he will make money 25% stonk goes up by he loses money due to paper hands, 50% he diamond hand to 0.

    6. Don’t worry, next week will be our week and NVIDIA comes back to life ![img](emote|t5_2th52|4258)![img](emote|t5_2th52|4258)![img](emote|t5_2th52|4258)![img](emote|t5_2th52|4276)

    7. ManyCommunications on

      I’m starting to see a lot of these posts now. Not being a ber but I’ve started cutting my losses 2 weeks ago and just sitting cash heavy. Mag 7 is becoming slightly downward 7 right now.

      I’ve only ever bought calls

    8. OkUnderstanding9992 on

      Not good at all… sideways will kick in Vega faster than you can imagine. Get out and reevaluate

    9. FirmCaterpillar on

      What’s the point of straight calls? Do you think it’ll go to $200? Not having a spread is kinda pointless for a stock that’s already up so much.z

    10. That__Squirrel on

      I think they’re going to wait until October to see if the China ban goes into effect before the stock will really move in 1 direction or the other

    11. EmployeeConfident776 on

      Hi. I’m from the future. The 2 latter calls print you millions 💸

    12. Tech earnings might drag down NVDA in sympathy, but when it reports – to the moon!

    13. Lazy_File1543 on

      Hopefully you expiration date is in 2025 😉 you’re gonna eat shit until 2025

    14. Don’t panic sell, everyone’s already forgot about computer glitch, big news will now be on election again after Biden drop out. Bull market in full swing again this week my friends

    15. UrStockDaddy on

      Biden not running anymore it’s going to moon after his dumb china restriction

    16. My technical analysis skills that I just learned this weekend say this is gonna print next week.

    17. I have 3 calls all deep red. Fuck trying to predict this market. Shares from now on.

    18. At least you were sane enough to buy options that don’t expire in the next few days lol.

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