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Nvidia and Amd
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FW30
Posted 2/14/2024 15:57 (#10623413 - in reply to #10622846)
Subject: RE: Nvidia and Amd


EC SD
OK - I am already long NVDA and AMD, but decided to play the NVDA earnings report next week with an options trade. Sold the 550 Mar 8 puts. I know, not sophisticated nor a get rich play at all, but it absolutely looks like free money and I like picking up free money...

Thesis is that the volatility will collapse after earnings and I can keep 80% of the premium when closing it out sometime next week.
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