NVDA: Short of the Century (Fork In The Road- Thrice Potentials)
The after-hours price action on NVDA is a best case scenario imo. Put Option Premiums have dropped off a cliff, 33 times
more aggressively than I had hoped we would see. With this kind of momentum, it could take a while for it to break down,
so positioning into the fall or early 2024 is probably the smartest plan of action. But for the true gamblers out there,
there are rare potential opportunities for huge gains if you are willing to lose what you pay in premiums obviously.
There are so many reason why this rally was not sustainable and those reasons have increased 13 fold at the current prices.
more aggressively than I had hoped we would see. With this kind of momentum, it could take a while for it to break down,
so positioning into the fall or early 2024 is probably the smartest plan of action. But for the true gamblers out there,
there are rare potential opportunities for huge gains if you are willing to lose what you pay in premiums obviously.
There are so many reason why this rally was not sustainable and those reasons have increased 13 fold at the current prices.
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