Domain: tiger-web1.srvr.media3.us NVDA: Heading into earnings 8/23. What are we thinking? | Page 3 | Money Talk
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re: NVDA: Heading into earnings 8/23. What are we thinking?

Posted on 8/27/23 at 9:17 pm to
Posted by Delacroix22
Member since Aug 2013
4537 posts
Posted on 8/27/23 at 9:17 pm to
whats the expiration date? can't read even with magnifying glass
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
208 posts
Posted on 8/28/23 at 6:38 am to
This Friday. I have Oct 20 puts as well.
Posted by slackster
Houston
Member since Mar 2009
91492 posts
Posted on 8/29/23 at 7:51 pm to
quote:

This Friday


Update?
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
208 posts
Posted on 8/29/23 at 9:14 pm to
I’m chilling, today was nothing but put selling and 0DTE call chasers. Probably rug pulls on GDP PCE tomorrow
Posted by beaverfever
Arkansas
Member since Jan 2008
35825 posts
Posted on 8/30/23 at 11:57 am to
I never ever trade options on individual stocks but I made an exception because of this thread and bought NVDA calls on Friday and then again Monday morning when it went down.

Unfortunately I’m a pussy so I got nervous and set a stop loss. Took a 20% loss on a trade I’d be up 200% on two days later. Fml
Posted by slackster
Houston
Member since Mar 2009
91492 posts
Posted on 8/30/23 at 12:54 pm to
quote:

I never ever trade options on individual stocks but I made an exception because of this thread and bought NVDA calls on Friday and then again Monday morning when it went down. Unfortunately I’m a pussy so I got nervous and set a stop loss. Took a 20% loss on a trade I’d be up 200% on two days later. Fml


There is nothing worse than being directionally right on a trade but bailing too early.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/31/23 at 7:57 am to
quote:

There is nothing worse than being directionally right on a trade but bailing too early.


Well, yeah there is. Being directionally wrong on a trade where you’ve got naked short options (especially the naked calls on a short strangle). Remember that ending scene from Trading Places, where the brothers are in a panic trying to close their positions? I have felt their pain before.
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
208 posts
Posted on 9/17/23 at 11:01 am to
I got one better (or worse). Selling call spreads that expire between legs at expiry. That’s how I wound up short 1k shares of UPST at 220 with no hedge for a weekend. Weaseled out in premarket for small gain.

Also obligatory RIP NVDA bulls in this thread who think fundamentals matter in this market. Great field data to suggest we made a top.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 9/18/23 at 9:14 am to
If I remember correctly, you had a long put on NVDA for October expiration with a 465 strike? Still holding?
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
208 posts
Posted on 9/24/23 at 7:56 am to
Yep. Same with LLY 1/19/24, SOXS shares, etc. I’ve trimmed most of my short position last week on that move. Next week determines how we end the year imo. Stay weak with another hard flush and I’ll add. Bounce and push hard I’m flipping long into year end for a final Jan 24 blowoff top at ATH before the final rug pull Jan 17, 2024.
Posted by Covingtontiger77
Member since Dec 2015
11955 posts
Posted on 11/21/23 at 11:19 am to
So here we are Q3 earnings due today.

Stock currently at $495 ish.

For fun, here is the most unbelievably ridiculous stock predictor on this beast that I have ever seen.


Long-Term NVIDIA Stock Price Predictions
Based on the average yearly growth of the NVIDIA stock in the last 10 years, the NVIDIA stock forecast for the beginning of next year is $ 801.86. Using the same basis, here is the NVIDIA stock prediction for each year up until 2030.

Year Prediction Change
2024 $ 801.86 61.99%
2025 $ 1,298.96 162.42%
2026 $ 2,104.25 325.11%
2027 $ 3,408.77 588.65%
2028 $ 5,522.02 1,015.58%
2029 $ 8,945.36 1,707.18%
2030 $ 14,491 2,827.53%

The NVIDIA stock prediction for 2025 is currently $ 1,298.96, assuming that NVIDIA shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 162.42% increase in the NVDA stock price.

Coin codex.com
Posted by SlidellCajun
Slidell la
Member since May 2019
16293 posts
Posted on 11/21/23 at 4:37 pm to
WOW!

They beat expectations and the expectations were galactic.

On a year-over-year basis, Nvidia earnings rocketed 593%, while sales soared 206%.


“Here's how the company did, compared to the consensus among analysts surveyed by LSEG, formerly known as Refinitiv:
Earnings: $4.02 per share, adjusted, vs. $3.37 per share expected
Revenue: $18.12 billion, vs. $16.18 billion expected
Nvidia's revenue grew 206% year over year during the quarter ending Oct. 29, according to a statement. Net income, at $9.24 billion, or $3.71 per share, was up from $680 million, or 27 cents per share, in the same quarter a year ago.”

That last line says it all. $9.24 billion versus $680mil a year ago!

If you don’t own NVDA, ask yourself why not?
It’s simply the best chip making/AI combo on the planet

One caveat- future projections are being tempered by the governmental restrictions on them selling to China.

This post was edited on 11/21/23 at 4:50 pm
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
208 posts
Posted on 11/21/23 at 5:19 pm to
nah cut when it held 400
Posted by KWL85
Member since Mar 2023
3548 posts
Posted on 11/26/23 at 1:56 pm to
I agree. I recently liquidated every individual stock I owned (didn't touch mutual funds) except NVDA, to make a large real estate investment. The numbers say the ride will continue for a while. I have an account for each of my grandkids that is split between s&p500 and NVDA. That shows my confidence in this one.
Posted by Double Oh
Louisiana
Member since Sep 2008
23562 posts
Posted on 11/26/23 at 10:04 pm to
I need to buy more NVDA
Posted by SlidellCajun
Slidell la
Member since May 2019
16293 posts
Posted on 11/27/23 at 7:43 am to
quote:

I need to buy more NVDA



Imo, it might be the perfect stock investment

Posted by Double Oh
Louisiana
Member since Sep 2008
23562 posts
Posted on 1/8/24 at 10:19 pm to
Huge day for NVDA
Posted by KWL85
Member since Mar 2023
3548 posts
Posted on 1/9/24 at 10:25 am to
Yessir! Happy to be in it. I am not getting out anytime soon!
Posted by Billy Blanks
Member since Dec 2021
5007 posts
Posted on 1/9/24 at 10:49 am to
I just bought 15k worth of it. Hate getting in at ATH but seems like there's more to run. Already up $3
Posted by Double Oh
Louisiana
Member since Sep 2008
23562 posts
Posted on 1/9/24 at 11:12 am to
Up $11 today
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