Missed to buy Call Options on Nvidia

A

antares66

Usually i´m not a fan of buying simple call options but sometimes there are huge gains possible. On 03.31.2021 NVDA crossed it´s 50 EMA, so you could see it as a possible buy setup. At this time the 600 call (OTM) which expires today (04.16.2021) had a price of $1.29. Yesterday it closed at $44.35!!! A $ 500 investment would have brought in $17,189. Oh man, i was such a sleepy guy!
 
If only I wud have bought bitcoin i wud b ritch

If you bought anything that crossed ema then you wouldn't make it.

Tell me the next jackpot and you'll have my respect. Until then, hindsight bias
 
I was short some NVDA put spreads from a few weeks ago that I put on when they were ITM. Closed them just past ATM, could have held for full profit. Oh well, at least I held my long LRCX and ADBE call spreads for full profit expiring today. Missed AMAT.
 
antares66 said:
Usually i´m not a fan of buying simple call options but sometimes there are huge gains possible. On 03.31.2021 NVDA crossed it´s 50 EMA, so you could see it as a possible buy setup. At this time the 600 call (OTM) which expires today (04.16.2021) had a price of $1.29. Yesterday it closed at $44.35!!! A $ 500 investment would have brought in $17,189. Oh man, i was such a sleepy guy!
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On my backtesting platform, I have a Woulda-Coulda-Shoulda indicator.

Strangely, the results over a 10 year period are always zero.

Go figure.
 
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