0.40Open0.40Pre Close65 Volume38 Open Interest267.50Strike Price1.55KTurnover127.23%IV19.65%PremiumDec 20, 2024Expiry Date0.00Intrinsic Value100Multiplier1DDays to Expiry0.06Extrinsic Value100Contract SizeAmericanOptions Type0.0106Delta0.0016Gamma3727.00Leverage Ratio-0.0600Theta0.0001Rho39.34Eff Leverage0.0038Vega
Broadcom Stock Discussion
There are many things to discuss...but here's the bottom line:
It kind of feels like a mini-August 5th.
Let's get into it....
So, why did the market go down across the board after the meeting?
First off, the market was upset that the Fed is only going to do 2 cuts instead of 3 cuts in 2025. However, it's not just about the lack of cuts...it's about the lac...
$Tesla (TSLA.US)$ leads the pack with the largest drop. However it looks like it is recovering from some of that already pre market today.
Still maintaining great outlook for this month. As for next year, I believe the bull will still be with us.
$NVIDIA (NVDA.US)$ $Broadcom (AVGO.US)$ $Meta Platforms (META.US)$ $Amazon (AMZN.US)$ $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ $Advanced Micro Devices (AMD.US)$
...
Trading NVDA recently (this week) feels like riding a roller coaster due to unpredictable events:
1. Impact of Competitors:
- AVGO's announcement of increased revenue over the next 3 years slightly affected NVDA’s sentiment, alongside China's investigation into NVDA. These events created short-term negative pressure on NVDA’s chart.
2. Positive Catalyst:
- On 17/12, NVDA’s CEO announced their new product, Jetson Supercom...
Everyone wants to beat Nvidia. Several media outlets recently espoused the narrative that the AI chip king would soon face tougher competition as large technology companies get help from Broadcom and Marvell to make better custom AI chips.
Last week, Broadcom shares surged 24% a day after CEO Hock Tan painted an extremely positive picture for the AI chip market, saying the opportunity would be "massive" over the next fe...
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