Reddit Posts
Review of last week: AI remains the main theme, but the market has become selective
Throwing in the regard towel, finally.
Strategy to exercise OTM options after market close on Expiry Day (becomes ITM after hours)
Shelly Group: Tiny Smart-Home Boxes, Fat Margins, and Actual Profits
Hyperscalers are implementing techniques that could compress memory usage by up to 40x
Most of the stocks are at the bottom of the tariff prices. Way too oversold. Massive pump incoming.
Now that SPCX hype is done, can we start pumping NVDA again?
Market rotation is becoming obvious but retail is still stuck in old narratives
Qualcomm +12% pre-market after doubling 2029 non-handset revenue target to $40B and targeting $15B in AI data center sales
Micron Price Target Analysis Part 2
PSA: RAM (2x DRAM) open for retail day after MU beat
How I feel after seeing Micron report 86% margin
📓 Daily Brief: Theta Gang Goes To Wendy's
Is NVDA dead or are they creating a buying opportunity for themselves?
What’s with all the NVDA call buying?
Reflection AI will pay SpaceX up to $6.3 billion for access to NVDA GB300 chips and Colossus infrastructure.
Specs were already net short the Nasdaq at a 1-year extreme before Tuesday's crash.
Watchlist Update | What Am I Still Focusing On After the AI Pullback?
NVDA annual meeting today at 9am PT, stock sitting around $200... anyone else watching this closely?
AI Token Prices Keep Falling.
Chip selloff: bargain or "wait till Micron prints"? what's actually pulling semis back green
SPCX has been quietly making my year, anyone else in this one?
NVDA 210P 7/31 expiry - Should I take profit or hold?
TSMC's CoPoS packaging tech could lock in AI chip dominance through 2030, anyone else paying attention?
Holographic/VR/AR Industry Development Weekly Report, Week 25
SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
Watching MU raise while NVDA stays stall is killing me. Too late to switch to MU?
The AI trade is starting to look like a copper trade too
THE WALL-E PROTOCOL: Elon is Using a 2008 Pixar Film as a Corporate Roadmap and Nobody Has Noticed
THE WALL-E PROTOCOL: Elon is Using a 2008 Pixar Film as a Corporate Roadmap and Nobody Has Noticed
US asset managers file for first ETFs targeting Wall Street's new obsession, AI and the 'MANGOS'
Accessing US Stock Leverage from Europe: Platforms, Limitations and Alternatives
All My Eggs in One Basket: Keep holding NVDA or Sell at a Loss?
Elon Musk Says He's Building a Chip '2-3x Better Than Nvidia' at 10% the Cost. Should Nvidia Investors Be Worried?
CELH (Celsius) is to MNST (Monster) like AMD is to NVDA
Got some cash to play - Thinking all tech. Should I buy individual stocks or an ETF?
Reddit mentions for NVDA, GOOG and GME all collapsed 45-66% in one week. One IPO ate the entire conversation.
Is anyone else looking at this perfect storm hitting by November? ($150 oil, US debt spiral, and the IPO index drain)
Does most of the analysis on this sub miss the key point? What can be done to answer the key question?
I have 235k to invest. How should I split it?
How to ensure you're not investing too wide as opposed to too deep?
Would love some honest feedback on my portfolio - heavy on tech, open to criticism
Would love some feedback on my stock portfolio - heavy on tech, open to criticism
NVDA Government Contract Analysis: Not Compelling
That is all i need to know about SPCX
The most interesting SpaceX trade might not be SpaceX.
Picking Option strikes based on Delta is not enough - Volume profile can change your decision
Picking strikes by delta alone has a blind spot: what's underneath them matters to
Is Blackberry Primed For a Comeback?
Is Blackberry Primed For a Comeback?
New midweek expiration dates getting approved by regulators
The most interesting SpaceX trade might not be SpaceX.
I Sold All My VOO for a Concentrated NVDA Bet. Should I Have Just Bought Options Instead?
🚀🚀 $OCC, THE FIBER OPTIC ROCKET WALL STREET FORGOT ABOUT 🚀🚀
“Book Talking” from Jensen – NVDA’s Jensen Huang called a global tech stocks selloff a buying opportunity
AAPL officially a NVDA customer: Blackwell B200s powering new Siri on GOOGL Cloud
RELL (Richardson Electronics): The most misclassified AI infrastructure play Wall Street is completely ignoring? (Deep Dive)
chip names ripped today after friday's bloodbath, but the tape under INTC looks weird
chip names ripped today after friday's bloodbath, but the tape under INTC looks weird
Bought AMD 180 calls last week thinking earnings would rocket it, now staring at -45% and bagholding like a dumb ape
I Think MU Beats NVDA From Here And Yes I Know That Sounds Insane
NVDA update – slow grind higher, nothing exciting yet
spacex is going to bend every retail investor over a rocket and elon is going to personally charge us for the lube
Alright degenerates, memory just got taken to the woodshed on June 5. SOX down 10%+ in a day, MU/MRVL/SNDK 11-17%. Now what?
Mentions
This month has started showing me that. My largest hit has been with RKLB, PLTR, NVDA, and NVTS.
NVDA please be a company again this week
I think so, like, about a year ago I took my exact portfolio, NVDA, AVGO, and UNH, and switched all of them to be about 14 months out, same exact stocks, just a different tool, and my gains improved significantly. So did my losses which hurts a bit, took my account down about 80% at one point when tech died off at the start of the war, but everything's back now, especially since adding MU to the mix. Major downsides over shares though, LEAPS are expensive as fuck, so you can't really bee very diversified, so that means you gotta be right or you're screwed. On top of that, you have zero margin to play with, but I feel like the pro's outweigh the con's.
Everyone celebrating like market is going to be up on Monday open. I hope so because I have calls. But I'm worried about the money flowing out of equities that has driven the treasury yields down, I'm worried about Warshs potentially hawkish speech. I'm worried about high inflation causing economic tightening(rate hikes). I'm worried about a pullback from extremely high valuations(maybe we already got it?). With Microns insane earnings I feel like maybe the ai/semis sector brings us to all time highs very soon. I have NVDA and SMCI calls.. next Monday and next Friday.
Hope $NVDA actually pumps with the market this time
NVDA is going to have a spectacular comeback.....
AMD and NVDA calls
More Puts, only puts, all puts Puts on SOXX, SMH, NVDA, CRWV
This is almost a pattern. NVDA falls after earnings. Maybe more exaggerated now because of rotation into semis/energy, the war, etc. But the hyperscalers report about a month before NVDA. And for the past few quarters, they keep upping their CapEx, which directly benefits NVDA. But by the time NVDA reports, all the moves have been telegraphed, and that's why the stock usually dumps or does nothing after earnings. Because the market has already calculated their profits based on the Mag7 spending. Does that make sense? FYI, if hyperscalers DO NOT report a massive boost in CapEx, NVDA will fall. So, this isn't a guarantee that NVDA will go up.
Guys will NVDA go over 200 before 01/27 💀
What did I literally just say? Wait until hyperscalers are about to report CapEx. If you wait for NVDA's earnings, it's too late.
Is it a good time to buy NVDA calls now?
I pray for a 5% pump on $NVDA monday
Ok, are you gonna say Jevons paradox again? Memory stocks are the most overcrowded trade due to bottleneck. It's a narrative that's propping up the stock. MU holding companies hostage due to commodity shortage will only give people more incentives to innovate and reduce the demand for compute. MU is currently building factories to expand production, but once this constraint is solved from both the supply and the demand side, the narrative disappears. Will MU's revenue be higher 2 years from now? Absolutely. But the market will dump it like they dumped NVDA no matter what since all roads lead to bottleneck disappearing.
Double! Double the stock price growth. Hang on while I compare it to SGOV... NVDA wins by a whisker!
Is it true that NVDA is up 1% over the last six months?
Agreed. Even if the GPUs last 10 years (functionally), the constant CapEx spending has to generate revenue at some point. The only money being made is from other companies. All the money NVDA, DELL, OpenAI, etc are getting is primarily coming from other companies. Very few consumers are actually paying. Companies are paying so they become more efficient and can hire less. But that means even less people will have money to buy their crap. Very confusing to map this out
!remind me 48d I’m with you brother. I believe in NVDA but my calls will be a little further out to give it time to cook.
Yeah only win i give it to him is with NVDA. He was bullish on NVDIA way back. I remwber during around 2017-2018 he was strongly bullish on it. Other than that just another media guy with hit and miss like us regards.
Jensen needs to focus on NVDA and stop promoting his competitors
do you agree with limiting sale of NVDA chips to China?
My humble opinion, everyone should be buying GOOGL, NVDA, AVGO, and ASML as much as possible right now.
People keep saying that when this thread is flooded with holders nervous about a ticker than you know that stock is cooked. I took that advice with NVDA shares over a year ago and missed out on an easy 3x
Sold NVDA multiple times. Last time in 2022 at $11 (in current stock price).
Looks like the next phase is moving onto physical AI. Buying NVDA and MU and other hardware components is still the move
Absolutely not. I mean, Tesla as a company would do much better. But Tesla as a stock would completely crater. At least 90% of Tesla market cap is due to Elon cult and greater fool theory. It is 10x more overvalued than even the top AI play like NVDA (400 p/e vs 40 p/e). If stock went down 10x to $30, it would still be the most overvalued car manufacturer. The only thing that made this happen is the “Elon factor”. Remove this and the whole thing collapses.
People are just realizing after NVDA earnings it's 100% over valued and had it's run. There's also a ton of other stocks on the rise that are only just breaking out.
Finally more conflict in the world, it was just getting so dull. Also obviously markets love it. Maybe even NVDA will take a breather on its drop?
NVDA and the rest of the Mag7 have done shit this year. They really need to step up their game.
Begging $NVDA not to dump next week
I remember someone confidently saying NVDA was already priced to perfection in March 2023 before it went up 20x. When I asked him about it a couple years later, he never replied. Will you?
It’s true and also works in reverse. I thought about buying NVDA a couple of years back and forgot to click the buttons. 2 years later broker gave me it at the original price and also gave me a free share in BRK to apologise for the oversight
Yessir, last May when we were building our original thesis positions at $93-$95/share! What an amazing and life changing 13 months it has been! I retired almost 2 years ago. Thanks NVDA! MU is the Cherry on top! Life is good! Micron bulls … LFG!!!
I don't think it has anything to do with earnings and more to do with a crowded field. AVGO NVDA Micron they report great earnings which from what I have noticed triggers major sell offs when all of these stocks are at their highs. Then big money rotates to boring stocks with no face ripping gains for a few months and then once the crowd has left the money begins to flow back into the next bull run. I just expect a stock to puke now on good earnings once a stock is crowded with longs.
The reason they're doing all those is because they know it's cyclical. And you're talking about jacking up the price for a company that's already operating on a massive loss that's about to go public so people can see how atrocious their margins actually are. LLM companies have lost pricing power and people are questioning whether or not it's worth it to waste money on the best models for day to day tasks. If Anthropic fails because people are looking for cheaper options like Deepseek (token costs is 50 times cheaper), they will be so dead. LLMs are a commodity. Not to mention the reason MU has this blowout quarter is not because they're selling more chips. They only beat because of price hikes, which drives inflation. You are also not looking at what their customers are doing. GooG, MSFT, NVDA are developing memory compression tech. Apple is asking the admin to let them buy memory chips from blacklisted Chinese companies. Anthropic and OpenAI are looking for ways to lower token costs. Memory is a commodity that's very important in our lives. It's in phones, TV, your fridge, PC, etc. The administration wants rate cuts, but if this cartel gets in the way of rate cuts because they are causing inflation even though oil has come down, a certain someone in the White House will pressure them to lower the price, much like he did with oil companies. The left is running away with affordability issue so they will most likely target them and start passing bills that the market wouldn't like to control inflation so they can look like the good guys. And no one is on their side, not the public, not the government, not their customers. They have their bargaining power right now, but if they abuse it, someone will take away their toys at some point.
>AMD Next Gen GPUs are better than NVDA I would strongly assume he's talking about datacentre product? For gaming, they're nowhere near Nvidia.
A lot of QQQ is already deep in 🌈🐻 territory. ORCL is essentially back to April 8 levels. GOOGL is back to pre-earnings. META is at March 31 levels. We all know about MSFT. NVDA is down 18% from ATH. Not saying load up on 0DTE calls, but this isn't the worst entry to step in
Apple memory fud is retarded ber nonsense because that's all commodity DRAM. reports are showing CXMT's rates aren't even that much lower than what MU or SK or Samsung are asking anyway. but basically for CXMT to hurt MU where the real profits are, they'll need like 3 unlikely things to happen around the same time, 1. China doesn't absorb domestic supply 2. true vertical stacking 3D DRAM actually turn out to be a better solution than HBM for data centers. but it's still theoretical and i'm not sure who's even studying this 3. China catches up on server grade DDR5 when they are 1 generation behind in product and 3 years behind in manufacturing. but the catch here also is that even if they catch up, they'll need to get qualified with NVDA, INTEL XEON, AMD EPYC, etc. to take money from the big three. this not only takes a long ass time, but would also surely be blocked by Congress
These strikes don't bode well for my $NVDA shares
I'm not an investment guy. I just put all my money in S&P index, a semiconductor fund, and NVDA and then forgot about it, so my questions may be stupid. Why did you put your money in that company's stock? Couldn't you guaranty them that you would agree to the contract, in exchange for a big pile of their stock? If you pay nothing for the stock you make more money. After making money that way a few times couldn't you set up your own company and then just give the contracts to them while you hold most of the stock in your company? If you get the contract and hold most of the stock, you make even more money. If you need even more funds, couldn't you put on a ski mask and make a "withdrawal" from a few local banks?
Low IV on those before earnings is tempting. NVDA hasn’t established bottom yet though and late summer profit taking could crush these if they don’t move quick
MU will likely do a split sooner than later. Everyone does a split once their stock hits $1k-2k. NVDA, AMZN, CMG (Chipotle) are a few I can think of right away.
So what did you mean with your reply? You were replying to someone saying to “invest in good companies” You replied saying your loss is from NVDA.
Have a couple $200c NVDA calls for Sept. might get more on Monday
Investing 101: options are for hedging. Example: I read that Wendy's thread the night it came out, did some very basic DD, figured for 600 bux it was worth seeing what happens, and bought 100 shares at 6.33. Why 100? Because I don't trust any of youse, and so I keep my position sizing on stuff like this to an absolute minimum. Next day it shoots past 8. At that point I sold a 9 call for .80, bought a 6 put for .33. So, I am now in a position where it can go up to 9.80 and I am fine. I am also fine if it drops below 6, because 80 - 33 is 47, so my actual breakeven is now 5.86. If by the time the put expires it's above 5.67 but below 5.86, I will have lost a few bux. Below 5.67 I lose a max of - drum roll please - 19 bux. Above 5.86 and I make the diff between that and whatever the price is. And that's how you use options. If you have less than at least 100k you shouldn't even glance at stocks like NVDA, they're too expensive. You want to be in a stock where you can buy 100 shares and then hedge your position with options, and the size of the position is so small it doesn't matter if the damn thing goes to zip, even if you have no hedge. Do that with a bunch of stocks and you have a portfolio that has a very high probability of actually making a decent return. If you have a million bux of course you can do this with NVDA, MU, and anything else that strikes your fancy.
If you would have held NVDA fot that entire time. Over 900% gain in the last 5 years. Holding Mag 7 from late 2022 until early 2025 would have been good as well. Snagging oil stocks at the start of Ukraine war for a few months was sweet. Starting in 2024 holding semis. All of the plays are tired now. Looking for the next stocks to hold for a while. Trading is too much multi year position held have worked for me while buying dips. Most everything I buy I leave the original investment in for the long haul.
If I start buying NVDA puts, it will start rallying.
You should probably just stick to index and growth ETF's. You either hold high conviction in your picks because the business is still growing, or you dump them because the business is decling or at some risk. In the long term, growing profits will increase valuation. In the short term, anything can happen including being out of favor while still performing well financially. I'm probably older than you, but I have several stocks for 10 years, and lesser number of stocks for 20 years. That's true buy and hold - not a year or two. I've held AAPL NVDA NFLX (and probably others) through over 50% drop and they fully recovered and more because solid growth is there. But that takes time, perhaps 1 or 2 years. Now let's say you do your DD, you stick with what you believe are winners, and rotate out who you believe will underperform the market, and it still doesn't pan out after a few years. You need to recognize perhaps individual stocks weren't for you - and it's time to just go with the index. Remember now, you don't just need positive investments to be successful, you need to beat SP500. What good are individual picks that did 8% CAGR when the gimme/zero effort SP500 would have done 10.4%?
That's what I thought about NVDA at 250 before split..
NVDA price targets for next week? What y’all got?
Or someone develops a model that is even better than LLMs and needs less training and resources. That alone would be huge. NVDA would still have their moat, but GPU TAM goes down, possibly by a lot. Imagine what that would do to stock prices.
Advancing AI is just a workshop, not to reveal anything new is it? Do you have more details on AMD's Next Gen GPUs being more efficient than NVDA?
when the auto industry started out, automakers initially drove the agenda, but it eventually became a very symbiotic relationship where both the oil companies and automakers made buckets of dough. That's where I was coming from, but I have to agree that most analogies are pretty stupid. NVDA may drive the agenda now, but a high end GPU is useless without a lot of very fast memory and neither company exclusively sells to the other.
Yeah it was not the right week to bet on NVDA! Watch it rebound when your option expire 😂
Too bad. You could have participated in options in a safer way with an NVDA-focused ETF. Keep working & saving & learn more about investing. You'll be OK.
https://preview.redd.it/znq65kzv9v9h1.jpeg?width=1320&format=pjpg&auto=webp&s=9292cf2636c7cbd65fa34925b960f25f6cfd1a6e Little longer timeframe, but felt. Showed some promise between mid-April & mid-May after the initial learning what options are drop, but then I bet on calls for NVDA earnings, doubled down, & learned a lot more real fucking quick! Floundered hard since.
When exactly do your NVDA calls expire? It is actually primed to make a comeback this year
Is it bullish for NVDA and AMD?
Looking for some cope on my NVDA calls - y’all got some?
This is all from NVDA calls
Demand going down can happen sooner than you look at what the hyperscalers and NVDA are doing. It's also possible politicians will intervene.
Bro added NVDA like we won't notice 😂
It’s reversed, retard. NVDA is the oil company and MU is the auto manufacturer lol But, aside from tesler, your metaphor is true (if you didn’t go full retard and confuse which of the 2 would be the oil company)
GPU vs Memory While we had to block selling GPUs to China, we are blocking Chinese memory in US. They are not the same! MU NVDA SNDK
I hold AMD too, but NVDA and AMD only signed an MOU, being broken at Hormuz routinely.
You can say this about every memory stock, SNDK is just the most egregious. I bought STX at 350 and heard it at 500. MU had the doubters running wild at 400. Truthfully, you can say this about every major chip stock. I vividly remember NVDA pre split at 700, AMD at 250. They’ve all received the same negativity and doubt that began several hundred % ago
$AMD is the stock for the next 3 years. We will see it go to 3T market cap. https://www.amd.com/en/newsroom/press-releases/2026-3-18-samsung-and-amd-expand-strategic-collaboratio.html AMD Next Gen GPUs are better than NVDA while consuming much less energy and more memory efficient. AMD CPUs are already way ahead of INTL.
I bought NVDA calls seconds before that Friday end of day dump. Immediate 40% depreciation
The piece people skip here is that exercising is not riskless. Your option settles off the 4:00 close, so the OCC treats it as OTM and will not auto exercise it. If you submit a manual contrary exercise before your broker cutoff you take delivery of 500 shares per 5 contracts at 200, but then you are long stock with no clean way to lock the after hours print. Selling 5000 NVDA shares in after hours is thin, and a gap down at the next open erases the 2 dollar edge fast. The buying power math is right, about 5 of the 50 with 100k. The real question is whether holding that overnight exposure is worth a couple dollars of intrinsic. Rolling before the close was the cleaner play.
\>AI is gonna crash reasonably soon I remember reading this when NVDA ripped 30% in a day to 500 in May 2023(?) lol. And again when it went from 500 to 1400 in like 4 months. QQQ would need to crash almost 60% and 40% just to get back to where this happened.
I been building AMZN data centers since before it was AWS, so I been buying AMZN forever. Got some googl and NVDA mixed in but mostly tech. VGT/QQQM/VTI in that order. I write CSPs on down weeks on big tech names like AVGO/META/SMH and have done ok
* Call your broker to give manual exercise instruction by 4:30 pm CT. Also give an order to sell the 5000 shares. The two orders should be accepted at Schwab (and should be accepted at IBKR) but do it early to allow time for the margin people to review and approve. * NVDA is traded around the clock at Schwab. If the sale is completed before 7 pm CT then it is dated the same day as the call exercise. * The sell stock order must be a limit order. It should not be a problem for NVDA.
My brother in christ, NVDA has been cooking Intel and AMD for over a decade
Say I have 50x of NVDA Call option $200 strike price market closes on expiry day at $199 = worthless and will not be automatically exercised, but then price increased to $202 after hours at 4:10pm ET, becomes ITM. I only have $100,000 left in my balance / purchasing power including margin, and intend to exercise the option + sell shares immediately. 1. Does that mean I can only exercise about 5 options (out of my 50 options) ? Since I will only get assigned the next trading day, should I sell the shares first, or exercise it first (is there a feature to do it simultaneously) ? 2. After doing both transactions, would both positions be closed immediately (and I'm left just with the profit), or would both positions still show in my dashboard until next trading day? 3. Since exercising call option + selling underlying shares, kind of cancel each other in terms of my purchasing power (does the broker e.g. IBKR see it this way at 4:20pm?), can I rinse and repeat this every minute, 5 options at a time, 10 times, so that I can utilize all my 50 options?
Bought NVDA at around $700 prior to split…then sold almost immediately at $800 something. Then put my tail between my legs and repurchased post split
Gimme NFLX and AMZN out of this. Maybe NVDA too.
It won’t be. Jensen just paid them money so they started offering nvlinks to hyperscalers and publicly endorsed Marvel to undercut AVGO, who is taking NVDA business away.
I don't think this will print. I'm bullish NVDA too, but I'd likely but ITM.
Sell DRAM, buy MAGS. Wall street already decides that hyperscalers will cut back on AI spending. NVDA back to $150. MU back to $500.
Goofball, just because you think a stock is at a discount doesn’t mean it actually is worth buying. Look at ADBE as a classic example. Who cares about how much a business earns if the earnings aren’t defensible? AAOI isn’t down because the market needs a “breather” or any of the other bs cope you see on here. It’s down because the market realizes NVDA is set to destroy this company with co-packages Ethernet photonics. If you’re buying AAOI, it’s not because of pluggable transceivers, it’s a bet on near-packaged optics. The bet is CPO will fail and be enormously costly and not worth the risk.
> why you say 30-45DTE, when You Talk about monthly premium? Because most of the time you'll be selling the monthly option, because it's the most liquid. Sometimes you buy to close a trade early because it swings heavily in your favor early after two weeks, so you might sell 45 DTE instead. And yeah, you take 30-45 day price premiums, which is literally the perfect time between > These put contracts would bring you around 4000$ a Month. 30 contracts of NVDA 175 July 31st puts (which is around 20 delta OTM and 35 DTE) would be $525,000 in collateral and net you around $7,860 if you sold them today if you held until expiration. > One Bad Trade will ruin all your past premiums. This is why you do it on large SP500 stocks, so you end up with closer to the risk profile of overall market. And that's not exactly some kind of unique thing to selling puts. Wow, a bad trade will lose you money? Who could have imagined such a thing. At least with put selling you can either turn around and sell calls ATM for a huge premium or hold onto shares (again from a large SP500 company) and just sit on them. Selling puts is a solved game. 30-45 DTE, 20 delta, large cap stocks. It's that simple. Be the casino. Be the insurance company. Do not be the sucker who buys burning lottery tickets.
Depends what you want. The main key is leverage. Your premium (the price you pay for the rights) is going to be a fraction of the money you’re theoretically moving. Like in OPs example, (he’s regarded) but he’s trading 73,300 for 72,900. A $400 loss. Buttttt the option he sold and someone bought was priced at 3.48 (348 dollars to buy it, OP collected 348 in premium for the rights) so OP made 348 dollars to sell a theoretical 73,300 worth of SPY. The buyer paid 348 dollars to buy a theoretical 73,300 worth of SPY (betting on it to go down, on puts they get to buy the shares at the close price so 72,900) the total price difference is $400 on a $300 dollar bet, like 125% the leverage is the draw. But in this case OP lost like $50 bucks and the buyer made like 50 bucks (premium and price difference). In a classic non gambling way, say I have 100 shares of NVDA. I can sell a call (selling the right to my 100 shares) and say my average is $100. I set a $200 dollar strike. I’ll collect say 5.00 premium ($5 per share, $500 bucks for the contract, always x100) and if the contract expires, I’ll retain my 100 shares + the $500, if it finishes at 201 I’ll collect the $500 premium and sell 100 shares at 200 so 10,500 in return total. That’s just concept and covered calls and I think I definitely made that more confusing so I’ll wait to get into puts and spreads and such later. Hope that helped lmao I’m sure it didn’t but it is really simple once you “get” it.
I already kind of do this because my net worth is about the same. Take about $400,000 of the $1.4 million and sell 20 to 30 contracts of the 20 delta put on NVDA with 30-45 days or so until expiration. That should net you about $6000 or $7000 a month. Take the other $1 million and put half into bonds and half into international treasury funds. The first should get you around $30,000 a year and the other around $20,000 a year. That's a total of about $120,000 a year in (taxable) passive income.
Some regard I'm playing poker with just told me if I put $500 a month in NVDA I'll have $300k in 3 years. Really hope I stack this loser.