Why NVIDIA's Stock Fell? A Golden Opportunity that You Don't Want To Miss 😍
Triple Witching Day Arrives: The Largest Options Expiry in History
This Friday, the notional value of options set to expire exceeds an unprecedented $5 trillion, marking the largest options expiry in history. Traditionally, such concentrated options expiries have bolstered the stock market. However, a "soft window" may open early next week, with the SPX projected to test 5400 points.
This Friday, the notional value of options set to expire exceeds an unprecedented $5 trillion, marking the largest options expiry in history. Traditionally, such concentrated options expiries have bolstered the stock market. However, a "soft window" may open early next week, with the SPX projected to test 5400 points.
Over the past year, buying $NVIDIA(NVDA.US$ calls has surged in popularity due to the stock's reputation as a reliable moneymaker. According to FactSet data, $NVIDIA(NVDA.US$ shares have soared nearly 800% since the end of 2022. "It seems like it doesn't take much to get people to buy calls on $NVIDIA(NVDA.US$," remarked Danny Kirsch, head of options at Piper Sandler, in an interview with MarketWatch. "It's a little bit like Pavlov's dog. The more you do it, the more money you seem to make. So why would you stop?"
$NVIDIA(NVDA.US$ options expire every Friday, but weeks when monthly options expire typically see higher volume and open interest, according to SpotGamma data. In addition to $NVIDIA(NVDA.US$ options, monthly and weekly contracts tied to other individual stocks, indexes, and ETFs will also expire on Friday, along with futures contracts tied to equity indexes like the S&P 500. The term "Triple Witching" refers to the quarterly event when options on individual stocks, indexes, ETFs, and index futures all expire simultaneously.
As these options expire on Friday, $NVIDIA(NVDA.US$ may lose about half of its gamma, potentially slowing its momentum. This could lead to "falling stock prices and high volatility. " So, is this your chance to buy in if you missed the previous uptrend?
With $NVIDIA(NVDA.US$'s proven performance and the historic nature of this options expiry, now might be the perfect time to seize the opportunity and make a strategic investment move.
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Priceless Investment : ty
AnnieChin : Not enough money to sapu
Ho WaiKeong : To the moon![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Ho WaiKeong : To the pluto![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
romantic Loris_tsi : so how much longer will the fall gonna go? what's ya take?
StellaGoh OP romantic Loris_tsi : Nobody knows how long of the periods it will drops. But NVIDIA's AGM is on 27th June. If there's something very good to be announced, then the stock price might surge again. This is just my personal point of views la.. You have to do your homework too ya
romantic Loris_tsi StellaGoh OP : thanks. by the way I just bought NVIDIA again at 126++. did you?
StellaGoh OP romantic Loris_tsi : I have quite a lot of shares bought before the stock split, so today I didn't topup again because out of budget
romantic Loris_tsi : ok so you didn't sell it just now? I sold it just now at 125 and bought it back at 126++ only a fraction of loss but can recoup back as it will go high again.
romantic Loris_tsi StellaGoh OP : yeah me too I bought it before the splits too.
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