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1 498
Ok listen here u smooth brains. 2 day till expiry.
If u buy 100 shares at 130 current price and it hits the strike price of 131 for example u sell for 131 per share plus u keep the $565 for the contract. In TWO days. For a capital of $13k.
U can do this every week.
Only risk is nvidia nuking if u buy now. Hence why im waiting for earnings if it nukes.
IV is 159% which means volatility is through the roof from speculations. Making contracts more valuable than usual. 4.4% instant return from 13k capital in 2 days.
1 498
Stocks btw. U essentially get limited upside benefits but lowkey become a market maker from gamblers buying ur call contracts. Free money.
1 498
nvidia IV is through the roof. Waiting for some nuke on earnings to buy and farm covered calls.
Good way go get ~$500-$1000 a week off volatility per contract. every week.
(100 shares for 1 contract costs around 13k USD).
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Ive been saying large caps have top topped for a while now.
If ure still holding any memes just know that memes tend to 0 and there is always another -90% candle loading.
Think about who would be buying ur bag⦠literally noone
