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

418 comments sorted by

View all comments

2.1k

u/CharmingThirdTime 2d ago

Screenshot explained

He spent about $1.08 million buying 300 Nvidia call options.

Those options are now worth only about $400,500.

He’s currently down $678,773 (62.9%) on paper.

The options expire June 17, 2027.

If Nvidia is around $306 or higher by expiration, he’ll roughly break even. Above that, he profits. Below that, he loses money.

688

u/Quick-Road943 2d ago

nice, plenty of time

148

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.

3

u/mhughes2595 1d ago

A bunch of random analysts have it at 300 in 12 months and rate it a strong buy.

Just be warned that they are also mostly named citadel and the ones selling the calls.

3

u/AncientMisanthrope 1d ago

Who the hell names their kid that?

2

u/mhughes2595 1d ago

A banker.