• rando895@lemmygrad.ml
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    1 month ago

    Not that I like even thinking about stocks. But I wonder if betting against a rise in stock price for NVIDIA is actually worth it right now…

    • BRINGit34@lemmygrad.ml
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      1 month ago

      I’ve seen some predicting 105 eod and at that point you’d be doing pretty well on puts. I just burned my ass on contracts friday though so I’m staying well away from this.

      I swear puts make so much sense but who knows in this fucked up casino

      • MayoPete [he/him, comrade/them]@hexbear.net
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        1 month ago

        I could see Puts on QQQ or other tech heavy ETFs being a good interday trade. IDK what a good Put would look like as a long term hold. Like you said Theta eats away at your value.

        Options aren’t built for long-term speculation. Maybe futures are the better way to trade this dip?

    • blame [they/them]@hexbear.net
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      1 month ago

      short term? maybe. long term? probably not. These models still need to run on GPUs even if they’re cheaper to run. This could induce demand for more GPUs.

    • aqwxcvbnji [none/use name]@hexbear.net
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      1 month ago

      You can never beat the stock market. Individuals always lose compared to financial institutions. If you want a bigger return on your money then in your savings account, buy government bonds. At least you’ll be certain you won’t lose the little money you have.