0.00Open7.70Pre Close0 Volume0 Open Interest82.00Strike Price0.00Turnover2528.34%IV-11.98%PremiumJan 3, 2025Expiry Date19.91Intrinsic Value100Multiplier-4DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9631Delta0.0173Gamma13.24Leverage Ratio-115.5628Theta0.0000Rho12.75Eff Leverage0.0001Vega
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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