AXS 1.25X NVDA Bear Daily ETF
Trading volume was too low to sustain NVDA’s after hours price action.
With the current euphoria around AI getting options may be a pretty dumb idea. If you really want to be short NVDA get NVDS. 1.57 expense ratio though.
I bought NVDS ! Am I going bankrupt soon ?
I'm jacked to the tits on NVDS. I sincerely believe NVDA won't stay above 380 for another week.
I bought a shitload of NVDS $8 calls expiring in Dec for $2.20 a pop Print or poof?
Long NVDS per Inverse Cramer
Time for full port NVDS?
Dump all NVDA to buy NVDS
Trading212 just scammed me out of my NVDS position. Stop loss triggered 5% below price.
People holding NVDS![img](emote|t5_2th52|8882)
Im yoloing into NVDS. So I am going short. Wtf this sub is really regarded
I am ready to yolo in NVDS even tho I promised I would not yolo ever again
bulls please keep buying NVDA. I need to have a low average for NVDS.
It had incredible earnings. That's why it pumped like crazy. If you weren't in prior to earnings, then you missed it, plain and simple. You know when you hear a story that lighting struck a particular tree in your neighborhood? What you're doing, is going over to where that tree is and waiting around for lighting to strike it again. You missed it. It already happened. Either wait for the stock to come back to earth ($350 or below) before opening a new position, or just wait for it to hit $485 and then start shorting it by putting your money in NVDS. Buying it in the $385 to $405 range is somewhat of a no-man's land. I wouldn't recommend it
Here's my advice..... Sell when you can for break even or a slight profit. Once you have your money back, wait for one of two scenarios: 1. NVDA crashes back to earth and is closer to $345 per share, then maybe start a new position 2. NVDA moons to $485. Now start believing the bears and jump on NVDS and ride it all the way back down to $350
Man, I don't think I'd hop the NVDS train until about $480
I feel your pain this is literally me. Went from 20k to over 700k during GME saga took some out for tax and new whip. Lost the rest. Put in another 20k lost it in a month. This ytd I’m down like 80k… gonna put in my last 20k and yolo into SOFI calls or NVDS 12/15 $10c 😂
I am still holding my NVDS and will add more.
It's not really the rebalancing, it's that the bigger the movements are, the more "incorrect" those daily bears get. It's by design in the formula. Look at this example: Nvidia goes up 50% in one day from 100 to 150. Then Nvidia goes down 33.3% the next day, from 150 to 100. In the same span, NVDS goes down from 10 to 5 the first day (-50%), then up from 5 to 6.66 the next day (+33.3%). Plus this is a 1.25x daily, making this effect even worse. All daily bears go to 0 unless you time them like a god. It's free money for the ETF creator.
I’m wondering if NVDS is playing any role?
Found one what? I bought NVDS at $8.80.
I was at like 100 bucks cost basis so I figured I just want the cash. Throwing a little bit into NVDS, but not optimistic about it that I’ll be able to successfully ride it down. We’ll see what happens.
Just buy NVDS It’s been getting crushed, but you don’t need to time it right like if you’re playing options. I think NVDA will go below 300 again, I just have no clue when so I’m loading up rn.
You can see who the fatties in this sub are: they type NVDS instead of NVDA
I am literally tweaking I have to stop my self from gambling everything in NVDS. I have to resist the urge, I will just put 1k for fun.
Damn NVDS is literally free money at this point.
I have absolutely no idea. I'm holding NVDS shares but that's been a very bad idea.
At this rate NVDS will reverse split this week
Already started a position in NVDS, catch it both way
If you wanna play it save then buy some calls on NVDS. When NVDA is going up NVDS is moving down. when NVDA is moving down NVDS is moving up. Good way to play either side!
NVDS is really tempting right now
Same here. Bought a ton of NVDS on Friday and a ton of SQQQ as well
I don't have to because I'm not a fool. If I decide to sell because I think I can time it. I sell half when I think I should and hold the other half in case I'm wrong. If you didn't know about this maybe you should reevaluate how qualified you are to actively & successfully manage your portfolio. What do I know tho? I've lost $5 on NVDA (by buying one share of NVDS before earnings & one after) and you're well in the green.
I bought into NVDS after earnings, let’s fight!!
The AI hype is overrated. NVDS is overvalued. More likely to drop at this point.
Yeah, you had to make a ton in the way down. Everything tech is pumping right now. Looking at most analyst reports it doesn’t look like retail buyers are in heavy yet, the way the usually are during a typical bubble. So, while I am sure there is more upside, no one knows when a bubble will pop. In this case, the AI driven bubble. Personally, I just feel like the macroeconomic situation is too unstable to start throwing money at it. Will likely dollar cost average into NVDA if it makes it way back down to around $350. I will dollar cost average into NVDS in the meantime as long as it continues to fall under $10.
Anybody understand the difference between NVDS and just buying long-dated puts? The puts are really expensive, and without knowing the when of this expected crash, the puts could still expire worthless if they aren’t dated far enough in the future. So is NVDS better or worse if the crash is far in the future? Is there a good way to compare the cost/profitability?
Sold LULU 50 calls before earnings and left $270,000 on the table. Sold NVDS calls this week, AMD calls, and got stopped out of some good SPY/QQQ trades. But I don't trade earnings anymore before I've gotten burned on IV crush and opposite moves too often.
I'd recommend a bear ETF that's only on Nvidia. NVDS. Leveraged. Currently trading at 9 and change. Cheaper route for same idea.
I posted this immediately and got no upvotes. But they lost $400k collectively shorting NVDA with NVDS. They had a total of $880,000 verified shorting into earnings. I called it out right before close.
Go check on SIR JACK A LOT - he is way fucked off buying NVDS which is basically inverse NVDA, his discord and posts are riddled w evidence of people talking up buying into this ticker and how it would be smart ahead of earnings because numbers weren’t looking good.
I bought an inverse leveraged ETF (NVDS) when it hit resistance at $350 AH after earnings release. It was a mistake, I lost money. I bought more when NVDA hit around $390 to lower my cost basis. Sold half of my position the next day, kept half and sold covered calls. If the calls get assigned, I’ll break even, if they don’t, I’ll reassess my next move. Good job and congrats bulls.
What should I spend my trendies on when my NVDS shorts print?
Im tempted to go all in on NVDS, surely it cant keep going up right? Right??
NVDS is my play... Albeit small amount in...
I ran across a etf that provides inverse exposure to just Nvidia. NVDS etf. I bought some leaps today on it. Not a ton of money but never know. I figure reality has to step in sometime. I might get lucky and China attacks Taiwan (jk)
Went balls deep NVDS today
As objective as one tries to be, confirmation bias is unavoidable in the absence of contrary evidence. I became convinced that yesterday’s NVDA AH price action was in part due to relatively low volume, and that it would most likely reverse course during normal trading hours. I have to wonder how much my current positions informed my future expectations… On a positive note, on that conviction, I bought more NVDS close to the bottom yesterday AH and lowered my cost basis on it, it blunted my losses a little bit when I sold some this morning. Overall about a 25% loss on that bet. Someone asked me about NVDA last week and whether I’m bullish or bearish. I told them, if I had to guess, it was going up to $400 and down to $200 in the next two years, but it is too much of a 🤡 stock for me to touch. I want to give last-week me a pat on the back and wag my finger at yesterday-me… Humbling day. Some lessons learned. Glad I didn’t risk too too much. I exhausted my gambling budget for the rest of the month though, so I’ll just sit back and watch my other plays until I have some more money to light on fire.
Honestly, I think I just have to stay away from mega cap tech stocks. I’m making decent returns elsewhere and then light them on fire with stuff like this NVDS play haha.
I’m long NVDS, NVDA inverse ETF. I’m not the smartest guy, but I’m not regarded enough to think I can manipulate the share price of a $1 trillion market cap company with a reddit post.
Bought NVDS at $8.99 and holding this mofo to $50
Where does NVDS finish tomorrow? $500? $350?
NVDS a buy at this price :)
Plenty of us watched it while holding NVDS lol. Plenty of us... fml.
I bought NVDS instead of puts because I knew it’d hard to time. I didn’t realize how wrong and early I was being. Sold 4 puts on NVDS when NVDA was about $240. Those 400 shares are -53%. Those shares may not make it all the way back by the time this plays out. I have another sold put at $13 strike on NVDS. NVDS is trading at $9.11. That’s most definitely getting executed at some point. I’ll sell some more puts at some point on NVDS but not right away. NVDA sentiment is incredibly strong right now. I wouldn’t dive in front of that until I see that start to change.
TIPS for shorting the N word: You can buy puts on AMD to avoid the high volatility or you can buy NVDS
i bought $400 worth of NVDS after the runup and I’m down $70. This is the advantage of being poor. Can’t lose if you dont have money ![img](emote|t5_2th52|4271)
I’ve never messed with margin other than to day trade and not have to wait for cash to settle. I can’t imagine the sleepless nights you had. Going all in on 1 stock is a huge immature trait. I use to do it as well, and I got stuck in Gamestoop for like 7-8 months before breaking even because of it. I’m into NVDS for 400 shares, and yesterday/ today is the worst loss I’ve seen in a while. Can’t imagine if I had bought 1500 shares.
How much you got in NVDS and how underwater are they? Are you gonna buy more in this rip to average down? I might actually open puts on NVDA now.
Not shorted directly, used NVDS. It's an ETF that shorts NVDA at 1.25x leverage and rebalances daily, trades like an ETF so stops at $0.
I’m currently holding NVDS. You think I saw them playing the lower expectations massive beat game. I did not, but the next step is missing their next guide but it won’t be their fault. It’ll be the economy and they’ll be sure to say that. Am I mad people made money in the run up? No, good for them. Number go bigger is not going to change my opinion on the long term. If you want to believe the fairytale they are spinning that is your right. Hopefully you make money but I don’t see it. Feel free to check back with me next quarter. If I’m wrong I’m wrong but I’m not afraid to go against trend if I don’t see it.
Guy srsly bought 1000 shares of $NVDS (AXS 1.25X NVDA Bear Daily ETF) and its at all time low after hours. ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Better to buy NVDS at this point, IV is so elavated
Agreed. I sold my NVDS right before earnings for a nice profit because anything could happen. Very glad I did. It's interesting because their AI business is booming while they crater the legacy graphics card business. I would bet the SP hits $400+ and possibly $500, and then melts away over the next 1 to 2 years as hype dies down, competitors catch up, AI training utilizes different platforms (already happening) and growth flat-lines. So basically they will pull a Tesla. At this point competitors and alternate training methods are their biggest risk.
Just buy NVDS. Then you don’t have to worry about IV crush (or expiry).
I’ve been watching VVIX this week. So far, it seems VIX follows the direction the next day. VVIX ended up again, let’s see if the VIX ends up again tomorrow. NVDA - Wow! I think there’s no way it stays flat tomorrow, either below $350 or to $400. Look at all the buzz, even the people that won their bets can’t fucking believe it. Will we see some massive profit taking tomorrow? Will we see it push higher from FOMO buyer and passive fund rebalancing? Will it lift the broader tech/AI associated sector higher? Will money flow into NDX funds and create a positive feedback loop for tech mega caps? I threw about 5% of my portfolio at NVDS (inverse leveraged NVDA ETF) after hours at the first significant resistance level (when NVDA hit $350). But then NVDA kept on going up and NVDS kept on going down. Oh well, I think I’ll be able to break even on it, maybe I’ll sell some covered calls to counter the inverse-leveraged decay. I sold some $13 strike 6/16 NVDS puts earlier today. Looks like I’ll be buying some more NVDS shares unless NVDA drops hard and fast, haha! IV is high right now and I’m still long term bearish on NVDA, so “wheeling” NVDS doesn’t seem too bad to me anyway. The only thing I’m certain about is that tomorrow will *not* be dull!
Its not, but he also spent 14k plus on NVDS shares, so theres another few k gone
For max leverage id suggest NVDS puts if they arent too expensive at open, gives you 25% more leverage than NVDA
What’s crazy is that the NVDS shares be worth 1/2 tomorrow if NVDA opens at 30% gains. Jeez
NVDS shares looking interesting here
Stop loss was hit on my NVDS afterhour short. IMPOSSIBLE TO SHORT. #LMAO
NVDS generational buying opportunity
Conversely getting into NVDS before earnings did not pay off, time to double down 😂
There's probably going to be some eventually-happy people that jumped into NVDS afterhours when NVDA was above $390
I woulda been -40k on the day had I not closed my $90k of shorts this morning. AMD apple, QQQ puts, NVDS.
NVDS on discount, thanks for the heads up
short NVDA long NVDS
Sir Jack went in kinda hard on NVDS, hope he’s doing okay ![img](emote|t5_2th52|4640)
The NVDA short ETF, NVDS, is casually down 33%.
I am doubling down on my NVDS position