0.00Open0.01Pre Close0 Volume6.30K Open Interest90.00Strike Price0.00Turnover84.80%IV-11.68%PremiumJan 3, 2025Expiry Date11.91Intrinsic Value100Multiplier-4DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.1777Delta1.6621Gamma10191.00Leverage Ratio-13.2613Theta0.0000Rho1810.70Eff Leverage0.0005Vega
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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