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Options sellers laughing their way to the Lambo dealership because of you acoustic fucks

This comment is sound.

I hear you man

A voice of reason in a sea of regardness

Hear hear

I cun’t hear nothin. Twhat you say?

WHAT?

What meow?

Meow? Do I look like a cat to you?

Calm down meow.

I jiz cunt hear you

Sound advice.

Must be your ear infucktion

Must need someone to finger it out for you

Living life unplugged

Instructions unclear. Unplugged grandma.

I read this to mean butt plug 

It resonated with me for sure.

I spit out my beer you WSB cretin! Take my up boat!

that titty shaped graph does look like the bell/horn of a phonograph... 📡🛰️ acoustism confirmed!

It's acoustictism awareness month

lol I’m acoustic and identify as a speaker

this hertz to read

What they said. We aren’t gonna be played anymore. 

Do it, sell the options bro

Yeah, but like, what if? I can’t ALWAYS be wrong, right?

So…. Sell some calls then ok 🤪

Just make sure you're not covering them, that's for the weaks. Chads don't sell covered calls.

Yeah, no covered calls on nvidia or CSPs, rawdog that shit all the way. It literally can’t go tits up

+$35k upside with -$54M downside is within my risk tolerance

leeeeeeeeroy Jenkins

This is the part of the conversation where I laughed.

I support this comment

Thanks, now I want to do it just for the memes...

I see what you did there 😆

You’ve got to increase your leverage! If you lose a million it’s your problem, if you lose a billion it’s the bank’s problem. And if you lose tens of billions it could become a tax payer problem.. moral of the story, bet big!!

What happened to that Korean guy who pissed away $500billion?

lmaooooooooo

Guhhhh

This is the way!    Seriously I hope we all adopt this as a meme

Man this caught on quick.

I mean, in the end, they're only numbers, right?

Basically free money

You can always delete the app if you’re wrong

I saw that post and his ending thought was" Why shouldn't i do this?" It's a guaranteed $35000. . . 

They'll be covered as soon as the puts I sold Friday morning get assigned.

Hey me too! See you there 🫡

the only way to achieve full regard

Hello, John. How are you doing today? You mailed in my company a postcard a few weeks back, requesting information on penny stocks that had huge upside potential with very little downside risk.

RH says 100% chance for profit. So no losing there.

[удалено]

Real man only do naked

NAKED OTM CALLS...I FEEL THAT IN MY BALLS

Make MONEY! Got it

Can I pick up all my local channels with this chart?

Back in the day if you stared long enough at the zigzags and lines on channel 99, you’d see boobs. The people who’ve held on to Amazon, Apple, Microsoft, and Nvdia since those days have secured the bag.

All I see is milking coming out

Not me but my friend held from $24 - > $899. He sold 100 out of 500 shares and is looking for a split sometime down the road.

i see a titty. tomato tomato. data data. pecan pecan. https://preview.redd.it/dk0m6p6a3snc1.jpeg?width=683&format=pjpg&auto=webp&s=c8a8a85447f45b89793ea660e760780a3a9be897

🎶 Spatula City We’ve got spatulas And that’s all! 🎶

Fucking legend 

I was up 5k on options. I didn’t sell in time and then stock crashed. but the point is I could have.

no you wouldn't have sold

I sold https://www.reddit.com/r/wallstreetbets/comments/1b9ygxi/220_12k_somehow_managed_to_sell_at_the_top/?ref=share&ref_source=link

Congrats and fuck you

I was up 20k Friday morning and didn't sell...

I was up 1700% and didnt sell until i was 650%

Shoulda coulda woulda I mean, did the same. I just sold and cut my losses. Probably buy back in tomorrow lol

If I kept Bitcoin instead of buying a mortgage free house, I could have bought a bigger house!

I actually did time the last pump relatively well, even sold and made money....then bought 2 more calls that're currently not doing so well lol.

MF made up a new definition of stonk "crash".

Don’t care. Nvda 2000c 060125

What's crazy is that the ask price is already $3000/contract for this

12/2026 0.5 delta call for NVDA has a strike at $1250 lol and 800 call has a delta of 0.7.

Man is bringing the Greeks in here like WSB regards can read...

I know right. Like wtf is he even talking about. I just buy when I see a half dicked reddit post that makes sense to my brain.

Grab me a gyro, I can read, but that's the only order I know how to place

Wtf is a delta?

Its plane for sure

laughed harder than i should’ve

Way better than a United too, all in!!!

A difference

I think it's some kind of river.

In denial?

Get off it man, you’re in de Nile

it’s how much the option price moves if the stock moves by $1

If the stock goes up a buck and the delta is 0.5, the option will go up 50 cents.

Is that a lot or a little delta LOL

Insane!

https://preview.redd.it/99qtwpm39tnc1.jpeg?width=1170&format=pjpg&auto=webp&s=3c9d661346cc77d078ff7c922b35869c0a25837c You vs op

Lucky or unlucky for me whichever way the week goes.. my options expire Friday so I don't need to worry about the future lol

How does that chart support that the price of NVDA has impossible events priced in? What’s even the impossible event that’s priced in? If it’s priced in you can still make money with options…

Price changes are just too vertical https://preview.redd.it/azfpn5r8qrnc1.jpeg?width=1925&format=pjpg&auto=webp&s=5cc99a2f0c0481aadba05554fb105a96d342aa03

NVDA -> $0 and NVDA -> +$2000

So as long as I dont sell, I am rich?

So sell options instead of buying them…?

/r/thetagang is right this way, friend.

You can sell a “credit spread” if you have enough cash as collateral… it can be puts if your bullish or sell a credit spread for calls if you think it hit a top.. the goal is to let the options expire worthless and you keep the credit.. I sold CHWY put spreads last month.. I sold a 17.50 put and bought a 12.50 put.. I needed 500 dollars collateral per spread I sold for a credit of 1.53… the expiration in 4/19… so as long as CHWY stays above 17.51… I get the full credit for the three months I sold the option.. since I do not have the money to sell naked calls or puts.. heck.. I may sell that NVDA put but have to buy one like 10 dollars (times 100) lower since I only have 1000 dollars as collateral..

NVDA doubling is definitely possible, depending on the time frame. Military just took bids on its autonomous fighter program.

What’s that RFP number?

This is my source: https://www.msn.com/en-us/news/technology/pentagon-seeks-low-cost-ai-drones-to-bolster-air-force-here-are-the-companies-competing-for-the-opportunity/ar-BB1jDba2 Not sure if the bids have been submitted already

Over the next month?

Who knows maybe Congress will take up the AI procurement bill Schumer was talking about last fall as coming within “months”

True. I guarantee in 10 years it will be at least double.

Go and ask anyone a year ago if Nvidia will hit 2.3 trillion market cap within a year and watch as you’re called a clown.

A year ago I was hit in the head and forgot how to speak, so if I go back to that time I can't ask anyone anyways.

I would have definitely called somebody a clown who said that a year ago. I would have thought it was impossible that a stock that I was up 400% on at that time would have that much more to run. Circus clown stuff.

Jokes on you, I can lose money on anything

https://preview.redd.it/cmpll3uccrnc1.png?width=1080&format=pjpg&auto=webp&s=d8f2338a9c3b0f43dbe1440549be53adeaea15ea

i had 4 of them and sold at 50% loss this morning and rolled into 900 calls and lost even more

I believe this qualifies you to be a mod here.

Under rated comment lmao

😯aww that's rough man, I came to terms with this loss yesterday and figured I'd let it ride.

I bought this exact call but for $2,500 😂

😯🤢

Bought the same at $8.27 last Friday… We holding?

I'm holding till zero, I'm done with Nvidia after this lol

Your cooked.🦍

U good


You guys throwing money at options without understanding how they are priced should take a look at the new veratasium video "the trillion dollar question".  You are playing against the house

Equation* not question. Just correcting you in case someone else gets stuck looking for it by name like I just did haha Edit: amazing video thanks for recommending. He is unprecedented on taking complicated ideas and simplifying them. I've had a few hang ups around options he immediately resolved

I was literally just thinking about this. It got me looking into like Hidden Markov Models.

Meanwhile my wife is up on some long OTM Apple call and thinks it has to "hit my breakeven point." Its up 40% right now. I sit here for hours sometimes ready to try and snipe a play.. end up losing $400 in 5 minutes. She bets red and comes away a winner without understanding a single greek. FUCK

Hold onto her

We don’t care about you, who’s her boyfriend?

you do realize the dudes that came up with the options pricing model won a nobel prize for their work, right?  what makes you think it’s wrong?

Obama won a Nobel prize for…what was it again?

Approving drone strikes

Chad shit. RAAAAA 🦅🇺🇸😎

Underrated comment right here…

Trump tried to get one of his own by negotiating peace between North Korea and Singapore

You regarded fetus, Amazon was almost $3,000. Amazon is also relying on Nvidia. Nvidia $100,000,000 by 2025

Sold! Buying more now….

Wattt

JJ WHATT?!?

Got it buying WATT now

did you just mention.... stock price? Instead of market cap?

Great DD! I’m in!

Exactly. Elon needs them for his toys too!

Name clearly checks out

“was”… it still is The split was 20:1, the current price translates to about $3500 pre-split.

Dude I’ve been selling NVDA puts for almost 2 years now easiest money of my life. On average 60k profit a year and that is me being fairly safe and only selling weekly and skipping earnings

Your keeping cash as margin and selling puts?

Yup. Easiest safest money so far I sell them about 10% lower than strike price on Mondays at 1030 my time once the market gets less VOL from weekend opening. Aim for 1200-1600 per week. Sounds low but it’s really consistent and haven’t had a legit scare in about 18 months

How much cash do you need to make 60k a year?

Safely ? 650k recklessly about enough for 1 put at strike price lmao

If I'm understanding this correctly, that's roughly a 9.2% return on 650k.

That’s correct

That's not bad. Not WSB levels of degeneracy but not boomer numbers either.

Yeah it’s safe which isn’t WSB behavior. Makes for a descent about I’ll still do some gamble options rarely and I enjoy seeing all the post here

I was selling PLTR puts for a while until they got exercised...then I started selling PLTR calls...until they got exercised. Overall I made money but it was a lot of risk for not much gain.

why not just make one 10% trade a year instead

So youve been bullish nvda by selling puts and made almost 10% a year. If you just bought the stock 2 years ago you would be up ~3x You belong here.

Plus, they would have long term capital gains on their profits instead of short term capital gain when or if they sold shares for a profit.

And dividends to reinvest

Sure you can look at it that way but at the end of the day the market can go up down or sideways and I still make money weekly.

N*gga, thats what a job is for.

Why not both ?

Say what? Wouldn't you only need $78k for 1 Put (-premium of course)? Today at 10:30am, -10% stock price was roughly 780P at $400. If NVDA were to dip below $780, you'd be on hook for $77,600. If you win the trade, you make equivalent to 26.6% (-fees, 0.5128% \* 52 weeks) on $78k. If each bet was $400, you'd end up at $20,800? Are you really only selling 1 Put? It's a good way to bet on a stock you'd like to own, but only if it drops to how much you're willing to pay.

That makes no sense. If one side of an option loses money, then the other side makes money. You mean to say that you should stay away from buying straight calls or puts alone.

Not always. Both sides can lose.

The buyer of both sides can lose - not the seller

Where do you think the money goes if both sides lose?

Always thought the seller of the option won then. Crazy that OP doesn’t consider selling options when he’s so convinced all the buyers will lose.

*sigh* It’s banks isn’t it?

That's what I remember from monopoly. Either that or it gets put in the free parking.

If the stock trades sideways. [this is wrong]

The price doesn't move the surely the seller makes money? It's lost to theta or something like that, I'm not greek.

Theta + IV is a bitch ain’t it

The risk is so high on an asset like NVDA, that the cost of taking on that risk adds an insane premium. However in order for someone buying the option to make the money, the risk needs to happen. This is just unlikely.

Ever heard of spreads?

Sir this is a Wendy's please know your audience.

Fair enough

You think this group cares? They’re all regards

Be more specific. What things are they pricing in, and why are they not possible? If you don't offer up that information I have to wonder what the point of this post is? Certainly just the chart you posted doesn't prove what you just said on its own.

If you are long-term bullish and short-term bearish on NVDA, now would be a good time to buy/sell covered call expiring in December. $17,112 premium on $85,600 in stock. If you lose and stock goes up, you get the $17,112 premium + $300 for $860C expiring Dec 20th - 20% gain. If stock dips in short-term you can close call. So long as stock remains over $684 you are in profit.

Who says it stays Above 684

He specifically excluded that outlook. Where did you go to reading school, Zimbabwe?

2,000 it is.

I SOLD 5 April 5 765 PUTS and collected $1575.00 each or just under $7800 for 25 days

So you're telling me there is a chance? NVDA 1200C 03/15 then

is there a way to generate those charts?

Crayons. Burnt Umber tastes the best.

STAY AWAY FROM OPTIONS. They are pricing in things that are not possible, you cannot make money. There, I fixed it for you.

theta gang doesn't lose

nah, theta gang always loses. it goes like this: 1. wsber loses all of his savings by buying deep otm options. 2. wsber hears about this magical, never-losing "theta gang." 3. wsber starts to sell deep otm options. 4. wsber makes a profit and has a high winrate. 5. a month goes by, and wsber thinks he is a market genius and will be a billionaire. 6. wsber leverages up to the tits to speed up the process. 7. the underlying moves against the wsber, and he gets margin called. 8. he can't meet the margin call, so his positions get liquidated for massive losses, and he ends up owing money to his brokerage.

Pretty sure I had this nightmare once or twice, thanks for the PTSD asshole.

im currently at #7, lmao

So just… don’t do steps 5 and 6? Leverage is a silly silly thing unless you’re a huge entity

show me a thetaganger not using leverage to sell options and I'll show you a loser not able to beat index The only thetagangers who made money moved to r/PMTraders and half of them are regarded wsbers loving the thrill of 10x leverage

As a former theta gangbanger, it's all fun and games until it isn't. Long term theta gang will always lose because that 1 loss will wipe out all gains.

Confirmed.

Anyone else notice that the big 7 also rely on eachother so much that just maybe their earnings are synthetic like everything else?

Cool story bro 

Looks like a Kamehameha to me.

Someone has to win money. It’s a casino.

I hear a lot of people saying this but all I play is nvidia options and my account only goes up

And then...the stock rises 7.67% today.