I hold three NVDA call options with strike prices of $110, $105, and $100, all expiring on February 21, 2025. The total value of these options is $383,610, but you're currently down $125,675, which is a 24.68% loss overall. My overall position remains significantly under water.
Link: https://ibb.co/TBk2RTr
Please advise if I should hold or sell my calls.
NVDA Options: Advice Needed
byu/katrinakaifkashmiri inoptions
Posted by katrinakaifkashmiri
5 Comments
your trading macro at that length of time, personally i see real estate and stocks coming down with the recession post election.. stick to YOUR plan that you set out prior to making a half a million $ trade
HODL
Write down a plan. Don’t click buy without a plan. Probably hold since you bought so far out.
You bought 3 options expiring 21Feb 25, so what were the trades , what did you pay. My Crystal Ball is in the Shop.
Risking $400k on calls vs shares was definitely an interesting idea.
Sell weekly 130 calls against them to pick up pennies is an option.
It’s already September, theta increases exponentially.
Pre split it would still be $1200 per share. It’s up X00% in two years.
The SMCI pair/momo switch trade is dead.
What’s the bull case? 25 to 50bps in cuts into an election? An ER months away? Feelings? A major advance in AI soon?
How important is $235k to you?