Anyone gambling on NVDA earnings today?
- Thread starter Coin Flip
- Start date
- And when it comes to the calls there isn't enough movement to make them profitable.
- NVDA up only 2.60% ....that isn't enough. A 5%+ move is needed.
You sound familiar. What previously-banned nick are you?
And in reality, that is all it is/(was)..... Taking any position, long or short prior to the report on a stock like this is stupid. I love the OP's username. It says it all.
The only edge that exists for this type of earnings play (for retail players), is understanding herd mentality. The market is way overdue for a breather, and the most money will be lost for folks that bet that way on NVDA. BUT..... you don't play NVDA. Why do you think I upgraded Twilio today in the idiot thread? You don't play an earnings report as highly watched as this one to make money. The algos will kill you. The real money is in the ancillary plays.
Had it gone down, sure they'd have sold off too.... But do your homework, study the balance sheets, listen to the cc's, and you'll find stocks that the whales will be buying on the dip... had NVDA sold off.
~vz
There was a massive arb in NVDA in term structure at Noon EDT today. A complex structure (switch lock) traded 2-7 prem and was trading above 40 in an hour. I paid 7 debit and sold 36. One guy in my room sold 43. It traded as high as 46 marketable and mid high was 48-49. Closed 44.
It's long vol but nearly pinned so it should hold up tomorrow with the vol-shock.
Top: arb px
Bottom: share px
It's long vol but nearly pinned so it should hold up tomorrow with the vol-shock.
Top: arb px
Bottom: share px
This reminds me of
my friend who has
a wife and
a girlfriend.
Many many OPs in this forum like to talk about their friends.