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Hi team

As you know I was hedged up to 128. That was the level where I decide to get out of the position or stay in. I repurchased the calls today because we shot through $128. That was always the key level.

I have decided to stay in the position and not let myself be called out - if TSLA was under $200 I would have rotated that cash into TSLA but now momentum is on the side of NVDA and I want to stay in it. I will sell a call again on the next mean reversion spike.

MISTAKE

My mistake was not repurchasing the calls for pennies when it fell to $90 - I nearly did but felt there was no way it could go from $92 to $129 in 2 weeks... well here we are

Market outlook is solid as Goldman are out saying "Goldman Sachs Is Bullish On Nvidia Ahead Of Earnings: Risk-Reward For AI Stock 'Favorable'

 

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RadRich

Glad i never sold mine my cost average is 27. It’s my big winner and I let my winner ride! Think semis are gonna be the big winner . For my safe bets i go ishares semi instead of SPY. Still 🤞🏻for my Tesla’s NVIDIA moment .

Dogbones

Thank you James for talking about your mistakes as well as your successful trades. It is so helpful!

Fantam100

Hey, has anyone considered AMD as an option to Nvidia ? They just spent $5 Bill on acquiring a company, which will help them to compete with NVDA. Their stocks rose quickly too, and long term call options are comparatively cheaper.

Elias G

I held on to 30% of my NVDA, I was waiting to flip to TSLA w the rest but they seem to go up / down together lately. I was thinking same, if TSLA dropped bellow 200 but it goes up to 220's same time.

Ironman

Every time I think of selling some Nvidia it bounces up. A good investment past few years

SOLace

Almost all of AI /LLMs uses Nvidia's proprietary CUDA software language architecture. That's why AMD and others will continue to struggle.

Syed

does anyone know NVDA calls strike and expiry ? does he share those details or not ?

Nordle

it is at the .786 fib so let's look for a little bit of downside

James

Schwab locked ya out anyway. Prob couldn’t catch $92. Damn u Schwab

Marcus Antony

Anybody can say anything and it means absolutely nothing to your own research. Have your own conviction if you don’t, you will most assuredly not be happy because I could write NVIDIA to the moon and I could as short as the day is. Is perhaps a bit over extended it also has some issues with its newest chips which are the next generation that be 100. I mean it find out if you did some research just I’m just another guy on the Internet.