CrazyTrader55
Diamond Member
It closed at $108 and sunk a few dollars further to $105 in the aftermarket. I'm wondering if it's time to buy a few shares for a trade.
NVDA is now at $108
- Thread starter CrazyTrader55
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/—-/ I wouldn’t. But, if you’re convinced, then buy a call ATM three months out. You’ll have less money at risk, and great gains if right.
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/----/ Anyone who thinks Wall Street is a casino, knows nothing about casinos or the stock market and should get out.
H
Harpy Eagle
Guest
Its highest is 135 or so.
If you buy 100 shares and it gets back to there you could make $2700 on an investment of $108,000.
Does not seem worth the risk.
gipper
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gipper
Diamond Member
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Too funny. It’s a casino 100%.
CrazyTrader55
Diamond Member
- Thread starter
- #8
Better check your math. 100 shares at $108 = $10,800 cost.
H
Harpy Eagle
Guest
Sorry, you are correct. that is what I get for doing math before coffee!
Still, not really a great return for the investment in my view.
Any trading I do outside of my retirement/investment accounts is always with penny stocks, buy 500 to 1000 shares.
/—-—-/ Thanks for proving my point. You are not guaranteed a return anywhere in a casino.
/----/ SO? What's your point?
gipper
Diamond Member
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You think buying stocks guarantees a return. Lol.
gipper
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As I stated above, it might be time to go to cash.
This isn’t hard to understand.
/----/ Some of your investments should be in cash. Cash is King. I'm 50% in cash, but still hold a lot of stocks and ETFs that I generate income with covered calls.
/----/ Returns by way of dividends and income from options like covered calls. Nowhere in a casino can you do that.
gipper
Diamond Member
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Minor difference.
/----/ Stupid response. Thanks for proving you don't understand either the casino business or the stock market.
Another difference is that you can bet $10,000 in a casino and still be a customer. Invest $10,000 in Apple, and you become a part owner.
gipper
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Yeah 10k of Apple makes you a .00000000001% owner. I’m glad that makes you feel wealthy.
/----/ Another stupid answer. I'm pointing out the differences between a casino and the stock market. I think you're smart enough to understand that but choose to be difficult to get attention. Or, you can't admit you were wrong. Either way, I don't care. Keep your money in a bank CD.
gipper
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Yes you are and they’re are minor, unless your Warren Buffet or someone of his wealth.
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