Puts on nvda sounds crazy to me, I'd rather be wrong about a call then be right about a put when it comes to that stock as of right now if that makes any sense lol same goes for amd and smci since they move together it seems

i'm a doomer bear brother. in real life and trading

all i do is puts. but i like to just wait patiently for a setup and scalp the micro pullbacks. although you are 100% right, if i would have just held onto calls..

This post was edited by ChocolateCoveredGummyBears on Mar 8 2024 06:47am

hey bears make money and bulls make money the pigs who can't pick a side are the ones who get slaughtered lol

My quick ta for the day
Nvda prob opens @ 1000 next week I'm placing a call for 3/15 when market opens and Tsm prob gonna kill it all through next month it might also still be worth getting in on a earnings call for intc but idk all 3 of these predictions could be wrong

nvda :S

90 point intraday move, holy tits

my 855 puts came back from the dead. lord have mercy

This post was edited by ChocolateCoveredGummyBears on Mar 8 2024 10:34am

I saw that and thougjt of you :rofl: thank gawd

I switched up my nvda position to 3/22 cuz my other call was about to get rekt took a 10% loss on it, my new call is up almost %30 but I'll have to leave it open over the weekend due to the PDT rules so we'll see where this one goes :D
https://i.imgur.com/Nc654we.png

nice man. you seem good at buying the nvda dips, i'm terrible at dip buys. i'm more of a bear guy

i just love the panic selling and trading part, sometimes i get more excited over a gg trade than the actual $ made lmao

Re added SNOW

monday definitely gonna be interesting. good lord what a blood bath today. like fighting the butcher

This post was edited by ChocolateCoveredGummyBears on Mar 8 2024 05:11pm

You still holding that nvda put? Looks like it was a solid play especially in am today we'll see where it opens on monday

Nope I sold

When nvda got to 970 I added more to my 855 puts (12 more contracts). Cost basis went down to 0.52 from 1.08 and figured I'd be able to get out on a nice drop. The puts were -85% already (0.10 value) so I said what the hell
Sold them at 0.42 on the first drop and was happy to get out at a small loss instead of a 99% loss

Sadly, those puppies went to 3.50 on the mid day drop. I had a 960 put I bought at 8.20 and sold at 9.50. That put went to like 79.40 😭

That's what happens to quick profit taking, I can't hold long enough. Once I see $50 to $100 I'm taking profit. Downside to that is you can lose out on massive gains

My cash account is now at 3.1k. webull gave me 3 good faith violations too, so I'll unfortunately be trading less now. But that's fine. Wanna see how far I can scale this

Edit: just want to add, the ability to average up/down on options is kinda regarded, however, it's really nice on webull because the commission fees are insanely low. I did that on lightspeed last year and got reemed on fees. 3k in 3 months just on option fees. I was like oh hell no. I was trading qqq 0dtes too and they charge a shit ton for ETF options

This post was edited by ChocolateCoveredGummyBears on Mar 8 2024 10:30pm