Nvidia stock literally to da moon

[Tabula Rasa]

Sold 50 x 140 calls @ $2.1 with some fun money yesterday. Already saw that this would at most trade flat in the near term since they already guided for slower growth last Q. Long term NVDA is still a very good company, but unrealistic to expect it to grow revenue at 50% at these levels, I think growth will slow down to low double digits or high single digit like most US large cap tech companies.

You got balls man. Naked calls?

 

[Mecisteus]

Power lah Bro MikeDirnt78! Chiu really huat big big!

But what's your target price to unload everything?

No target price bro.

Will probably just sell slowly as NVDA rises.

Will consider adding again if there is a correction.

 

[crimsontactics]

No target price bro.

Will probably just sell slowly as NVDA rises.

Will consider adding again if there is a correction.

Moi see Bro MikeDirnt78...

What ish the price chiu aiming to add?

 

[charlieangel123]

haha i know your horse back cannon style very well.


Don't expect cheap valuations for any US stocks.

You want cheap cheap, can stick to local stocks whereby cheap stocks can become cheaper.


bro my average price is $20+.

Since the run up, I had sold a few thousands NVDA shares.

Still holding low thousands shares.

its not about that
i dont want to waste time on you. its like talking to a kid. just different league (using my hand to chase you away) shooo shooo

 

[Mecisteus]

Moi see Bro MikeDirnt78...

What ish the price chiu aiming to add?

Any 30-40% type of correction.

The recent correction I didn't add NVDA but I added AVGO instead.

 

[crimsontactics]

Any 30-40% type of correction.

The recent correction I didn't add NVDA but I added AVGO instead.

What ish AVGO Bro MikeDirnt78?

 

[Mecisteus]

What ish AVGO Bro MikeDirnt78?

Broadcom bro.

I just google and paste 1 article for your bedtime story.

https://finance.yahoo.com/news/hedge-funds-piling-broadcom-avgo-185601138.html

 

[crimsontactics]

Broadcom bro.

I just google and paste 1 article for your bedtime story.

https://finance.yahoo.com/news/hedge-funds-piling-broadcom-avgo-185601138.html

Thank chiu Bro MikeDirnt78!

 

[oldchanggold]

September usually or traditionally market will pull back so can maybe can wait a while before buying.

 

[d5dude]

You got balls man. Naked calls?

Naked calls expiring tomorrow, I got over 2m in CSPX (NVDA is ~7% of SP500) so I just treat it as a small hedge. Just covered the call at 5c earlier on.

 

[Lè Crayons]

Why is Nvidia down when they are buying back shares?

 

[charlieangel123]

Why is Nvidia down when they are buying back shares?

slower growth
lower than expected q3 forecast
competition is coming up fast
lower margins

 

[charlieangel123]

September usually or traditionally market will pull back so can maybe can wait a while before buying.

the upside is quite small compared to other investments. this company cannot be 6T or double from 120 to 240 in 1 year timeframe

so if it hit 140-150 can sell and move on to other investments like properties or bonds

 

[charlieangel123]

this 3 months are boring
if u sold $130 in may you could have use the money for better returns

 

[oldchanggold]

Naked calls expiring tomorrow, I got over 2m in CSPX (NVDA is ~7% of SP500) so I just treat it as a small hedge. Just covered the call at 5c earlier on.

U damn rich.. I sold 2 covered call at 142 expiring tomorrow though I actually hope
for them to be called away.

Not sure what this means for Nvidia going forward as the market run up .9% while the stock is red

 

[Eost002]

Wlwlsmdwl

 

[Euqorab]

Sell backside liao

 

[Nevereatrice]

160 let's go

 

[Nevereatrice]

Tiagong cisco took 10 years to recover scare?

 

[meet_nanda]

Looks like a free fall!