0.00Open26.84Pre Close0 Volume0 Open Interest113.00Strike Price0.00Turnover5123.12%IV15.45%PremiumJan 3, 2025Expiry Date11.09Intrinsic Value100Multiplier-4DDays to Expiry15.75Extrinsic Value100Contract SizeAmericanOptions Type-0.9832Delta0.0044Gamma3.80Leverage Ratio-115.7781Theta0.0000Rho-3.73Eff 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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