$NVIDIA (NVDA.US)$ i have a 149 call expiring in 2 days.. i ...
$NVIDIA (NVDA.US)$ i have a 149 call expiring in 2 days.. i wll get rekt?
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Prince Nvidia : just roll it you have to double down until you get a return... remember as long as you're in a call you can't lose if you roll
james323 : Two days will be fine. The most important thing is that you don't look.
ma gon Prince Nvidia : how to roll calls?
awang2001 Prince Nvidia : how do you roll it? same strike price for later expire date or lower strike price for the same expire date?
Prince Nvidia ma gon : so right now you'll see the same 149 contract cheaper correct ? it should be way cheaper than when you first bought it.... now load up on 2 or more
Prince Nvidia awang2001 : it's an absolute must you buy the same 149 or lower you cannot roll it into a higher strike or you won't get the same return......
ma gon Prince Nvidia : that's cost averaging not rolling. I need a longer term option.
awang2001 Prince Nvidia : lower strike price means higher the cost to buy. I guess you are betting the price will go up in next 2 days, otherwise it will be a lose no matter how you roll it. if people already bet wrong, why not just close it and cut lose?