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$T-Rex 2X Long Nvidia Daily Target ETF (NVDX.US)$ my put opt...

$T-Rex 2X Long Nvidia Daily Target ETF (NVDX.US)$ my put options that I sold are in the money by a nickel I'm getting put 50,000 shares..18.50 😂
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  • Chipmunk : I got 18.5 too. What’s your exit plan?

  • 10baggerbamm OP Chipmunk : ordinarily if I'm getting put stock I immediately go over the top and sell it covered call for the following Friday at the next incremental strike price. I didn't do it today I think a lot of the shit that went on with the video was regarding the options that we're going to be expiring. so in the next week week and a half I think we'll recover everything that I gave up today and then I'll sell a call. you need to be an Nvidia for the first quarter next year so you can trade it back and forth all the many times you want but you have to be in it for Blackwell you a 19 companies 19 bobbleheads raised estimates raised Target prices for next year. and if you remember what last quarter was like it did take a dump and then it traded sideways when we had July to August the Japanese trade unwinding it really took a shit but typically it trade sideways in a real narrow band I think this time you're going to see an accumulation. where it begins to trade much higher it's not going to trade sideways like it did last time post earnings. just as a cautionary note this is a leveraged ETF so you really don't want to leave profits in the ETF I ordinally advice people to leave your profits in companies that are great companies for the long term but with this because there's a lot of options and there's decay when the trade goes against them like July to August take your profits and buy the common stock even if it's one share five shares three shares whatever the hell it is buy it and forget about it

  • Chipmunk 10baggerbamm OP : 👍🙏 thanks man.  Looking forward to making $$!!

  • 10baggerbamm OP Chipmunk : it's Nvdia... take it to the bank..

  • Chipmunk 10baggerbamm OP : Cheers to that. Fingers crossed Monday, no crazy news

  • 10baggerbamm OP Chipmunk : it doesn't matter because it's going to set another all-time high again whether it's a month a week two months it will happen and I will guarantee it.

  • 10baggerbamm OP 10baggerbamm OP : and if you don't listen to me I don't care listen to one of the greatest investors ever if not the greatest Warren Buffett. buy great stocks when they are on sale. when you take that into consideration he must know more than the average Joe. Warren Buffett never buys stocks when they are in the green meaning positive for the day he only buys stocks when they are down.

  • Chipmunk 10baggerbamm OP : Easy to doubt the purchase when things are red. But with this earnings report, and the analysts have nothing better to say than to upgrade the price target, it gives me a lot of confidence to buy this dip.  

  • Chipmunk 10baggerbamm OP : True that.  That’ll be a long hold lol

  • 10baggerbamm OP Chipmunk : anyone who has been investing long enough has made that mistake and I did earlier this year I bought a value trap I thought I found the goose I like the golden egg.. a total shit show nothing but a huge tax loss for me and I'm so apologetic to everybody that bought in because of me..

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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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