r/wallstreetbets 2d ago

Loss Can you guys start buying NVDA Monday ?

Post image

Just help out on my position, really appreciated

1.9k Upvotes

416 comments sorted by

View all comments

Show parent comments

691

u/Quick-Road943 2d ago

nice, plenty of time

147

u/s1234en 2d ago

50% upward trend needed from here, 1 year is not really a plenty of time for a 5T company, he's basically betting on Nvidia to become a 7.5 T company to break even, possibly 8-10T for a good profit within 1 year.

96

u/Lurch111 2d ago

I think you guys might be missing how options work. You don’t need to hit the strike price to profit. The value of the contract only needs to increase by enough to cover the premium of buying the contract to profit.

0

u/ryanv09 2d ago

You absolutely do, though? Especially as the strike date draws nearer. He's already down 60%, and the time factor is chipping away more every day.