0.00Open10.60Pre Close0 Volume0 Open Interest78.00Strike Price0.00Turnover0.00%IV-13.06%PremiumJan 3, 2025Expiry Date23.91Intrinsic Value100Multiplier-4DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma9.61Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Micron Technology Stock Discussion
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This "flash crash" felt like a sudden storm out of nowhere. Closing at $140.140 with a steep drop of 6.22%, NVIDIA delivered a rude awakening to many investors. Reports indicate that traders were massively offloading call options, and the lack of short-term catalysts shifted market sentiment from "euphoria" to "ice cold" in an instant.
The reasons behind NVIDIA's sharp decline can be summed up in three key points:
Missed Market Expectations: Despite the...
- Called the $Tesla (TSLA.US)$ peak due to overheated RSI and signs of premarket exhaustion candle
- Called the market rotation to buy in $NVIDIA (NVDA.US)$
On 19th Dec’24: I’m shorting Tesla but I’m not here to hate. I trade based on TA, and I don’t need you to lose money for me to see green. So, I’m sharing the risks around buying this dip.
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