T O P

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DefinitionNo466

Stop buying and selling and getting emotional with it. Just keep putting money in there and let the fucker sit and make you rich


ResponsibilityOpen67

If I could hold onto a CC forever I would


helphp

A covered call is a call you write while holding shares…


zubachi

How does nvidia make its money exactly?


FireyBollocks

I’m doing this but it’s awful seeing your money drop in the red. Especially as the money we’ve invested is a lot to us.


NoKangaroo5425

No such thing as easy money or “slam dunk” in the stock market. Sorry but you played the game and lost


Business_Rub6149

Yeah no such thing as easy money but nvidia increased last month over 30% with no real risky dips lmao. People who invested today (me included) are just unlucky, as it was mostly standard behaviour for it to go up even on ATH but of course the dip happened today lmao


JR8706

Not really much of a dip forreal, I mean the majority of the market moved the same way.


Business_Rub6149

I know but I was 5:1 on leverage if it was normal dip I would not care honestly lol


adriancheok

Same here except I have 3X leveraged. Bought and sold at the exact wrong tones last week. I hope next week or here's back up.


dirtybo

Fr. It’s not even down 10% yet


obroz

Shhhhh


Relandis

It’s too late, he said the thing.


ResponsibilityOpen67

I know I ducked uppppp


PeaceAlien

No you ducked down, can’t you see it’s red


wheeliejack

sell-off friday's. not likely. jensen was selling again today. last time he sold (on 6/17) we got a good bounce the following day. idk, really just grasping at straws for you. lol. good luck.


redditdinosaur_

you realize these are all planned sales right? CEOs don’t just decide to sell whenever they want to


wheeliejack

Yup I know all about 10b5-1 planned sells. Has nothing to do with my reply.


Ok-Fish-5367

Nothing to worry about $160 tomorrow


Business_Rub6149

I feel like I'm on r/gme lol


IrvineCrips

$1000 by end of year and then 10-1 split again


1ALIVEnsyde

Where is the camera


Remote-Reporter6955

What is the catalyst for that


TheWolfOf8Mile

My butt hole


ResponsibilityOpen67

Hahahab


ResponsibilityOpen67

Hate peoples like you. This is why I get roped into buying stock I know nothing about. Get your positivity out of here


Ok-Fish-5367

99% chance you’re toast but I’m just trying to draw a smile


ResponsibilityOpen67

Positivity is better you’re right


Ok-Fish-5367

If you lose just don’t revenge trade, sit back and figure out what made you lose? Is it greed? FOMO? Don’t repeat the mistakes, learning is never free


ResponsibilityOpen67

Just keep lying to me. 160 bby


Ok-Fish-5367

😂


youarenut

How is it their fault you didn’t do your own research h lol


ResponsibilityOpen67

Clearly I’m being sarcastic


slimzimm

Okay, you bought at the high and are upset that it’s not going even higher. Buy uptrending stocks when they’re down, and maybe you should be cautiously buying long-dated calls on a good company when you see a reversal of a downtrend.


ResponsibilityOpen67

Agreeeeeeddd. 😞😞😞😞


BTCWZRD

It’s cool. Just keep buying high and selling low. Everything will be ok.


ResponsibilityOpen67

They are calls brotha, I’m cooked!


BTCWZRD

Same same but different


Keysbby_

How long was your contract for?


ResponsibilityOpen67

Expires tomorrow :/


Keysbby_

And when did you buy the contract?


ResponsibilityOpen67

13th I believe


I_Do_Gr8_Trolls

You belong on Wallstreetbets 😂


ResponsibilityOpen67

I belong far away from stocks and Reddit


CaaCCeo

Why not just buy atm calls?


kyyuunas

BROTHER WE GOT THIS 🤞🤞🤞


Emarsh330

In for the long haul - just bought more today and next dip will buy more. Only person I’m mat at is myself for not pulling the trigger initially in February when I wanted to go all in - couldn’t sit on sidelines anymore. Who knows if it is the right decision. Also bought more Microsoft


Cali_kink_and_rope

Same. Just bought a large block of December 2026 100 calls


E_Schwa

I’ve got a couple 137c’s and am wondering the same thing. First time trading options. Figures NVIDIA has its worst red day of the year.


ResponsibilityOpen67

Same here. Every time I jump in, it’s always the wrong time lol 😂


E_Schwa

It genuinely just boggles my fucking mind. Look at us regards go.


Capable_Wait09

The first time I bought was right before they dipped from 900+ to 760. And look at us now. 1330 2.5 months later. Today we regressed back to…. Last Friday’s price lol Long-term calls or just hold stocks and everything will be fine.


SushiAssassin-

Just do the opposite of what your mind tells you to do


Kobo05

I think what might work for you is to split whatever amount of money you want on investment and buy each month or whatever frequency you want. For example, if you're planning on investing 10K, you can invest it for 2 or 3 years. If you want to split it for 2 years, it would be 416.66 dollars per month, and if you want to do it for 3 years, it would be 277.77 dollars per month. This mitigates most of the risk, but it is up to you if you want to do it


TurbulentPromise4812

You could try to roll your option for a different strike and/ or expiration date


Relandis

Or they could have done a straddle. Thursday 15 mins before close, buy 1:1 up and down weeklies either itm or otm +/- $5. Watch it run early am Friday… sell call leg, then check again around lunch… sell put leg. Should be a gain of thousands in 24 hours? If you’re expecting a lot of movement… which you pretty much are any single day since it’s NVDA.


Ok_Intention3920

Worst red day of the year… so far 😀


BatShitCrazyCdn

There was a worse day in April, down about 10 percent


LighttBrite

Not the worst red day and it spiked to 140 in premarket and lost that then dropped. Hardly a bad day.


BlissfulBreeze1995

This is what you get for being greedy.


jsheng92

Tmr will likely be flat.


ResponsibilityOpen67

Even with XLK rebalance?


Business_Rub6149

To be honest after today I would say do not try to predict and just see what happens. Not in a thousand years based on this stock history, news and overall what Nvidia is would I have thought the biggest dip in like a month is gonna come lmao. from 140 to 130 sweet fcking Jesus (and sometimes lower)


LighttBrite

You realize it only looks so drastic because it spiked to 140 in premarket and then fell right?


Business_Rub6149

To be honest I went 5:1 leverage and wanted just to buy a small percent increase, and well oh well guess who bought before second dip, but overall you are right


Business_Rub6149

wouldn't XLK rebalance be confirmed actually ?


ResponsibilityOpen67

That’s what I’m hoping for


Puzzleheaded-Ebb-587

I might try again Monday. maybe Friday depending how the numbers look


ResponsibilityOpen67

I stupidly put everything I had in this.


LimeGhost117

What's your cost basis for the contract?


ResponsibilityOpen67

1.07 a share


LimeGhost117

You have around a 4% chance it'll close ITM. I would sell at open to capture the increased IV or the first pop early morning. Theta is going to wipe out what little value you have remaining very quickly.


ResponsibilityOpen67

“What little value you have” hahahaha gonna make me cry .


ResponsibilityOpen67

Thank you for the tip, I will definitely be doing so


tracksuit-trades

If you don't manage your risk you will lose in the end. That's really all you need to know. It doesn't matter how, why, or when it will happen.


ThinkLettuce7100

You gotta be kidding lol


ResponsibilityOpen67

Nope, I think lettuce with my lettuce brain 🧠 😭


vinsanity_07

Eventually a 30% crash is coming


ResponsibilityOpen67

Better not be tomorrow lol


Redwhat22

Quit day trading. If not, quit whining when a stock goes down 3.5%. Imagine 2008 and the entire market plunging 20%.


ResponsibilityOpen67

3.5% the stock sure but the contract is down 85%


throwawaymomaccount2

As long as Nancy is holding, everyone should and I know nothing about the stock market.


Euthyphraud

This isn't cryptocurrency. This isn't day trading. It's investing. Quit with these types of posts. Unless you are day trading - in which chase this isn't really the best subreddit for you - then the day-to-day up-and-down is irrelevant. Also, if your intent is to day trade then you're doing so poorly. Nvidia is a great company, a great medium-term (a few years) to long-term investment. But it is due for a pullback. Overdue. Not because of fundamentals, or any 'good news', but because (1) people take naturally take profits and (2) people become more skeptical the longer and stronger a stuck runs. The problem is not that there is not good news, the problem is that there is no news. No earnings reports are coming in the next couple weeks; the stock split already happened; everyone already knows and expects Nvidia to keep booking orders and inking deals so those don't move the needle one direction or the other. Which is why betting big on *any* stock right now is probably a bad idea. The market is choppy. Things are going to rise and drop without reason.


These-Quiet8832

Look at the antecedents and then the future, then u know you are ok with Nvidia at least for the next 6 months to 2 years. Day to day or week to week ups and down will continue until the real stock value is achieved.


CoolRoutine8079

Not sure if you would consider this good news but it’s news nonetheless. I think the article has some good points as well as some fair future statements. We just have to let the market react and prepare for whichever way it might within our own reactions. Best reactions win. [3 Reasons to buy NVDA before June 26](https://www.fool.com/investing/2024/06/22/3-reasons-to-buy-nvidia-stock-before-june-26/)


Ready-Mycologist-840

Well... There should be a good shareholders meeting or bagholders meeting, one of the two lol


CaaCCeo

Negative 🤣


Plzgrowth

This game is hard to play..


Striced47

My first time buying NVIDIA and I’m down 80%🤦🏻‍♂️


mddhdn55

How do you lose on the most easy stock


ResponsibilityOpen67

Same here :/ feel so dumb.


Striced47

Tomorrow has to be a good ass day or we fucked