Submitted by FI_investor t3_119oue7 in wallstreetbets
Beelzabubba t1_j9nga6y wrote
Reply to comment by [deleted] in NVIDIA Free Cash Flow Massively Down. -53% for Twelve Months Ended by FI_investor
I bought puts before close, that’s why it went up after hours.
Looks like the house is going to win this one.
sleepyguy007 t1_j9nlcqj wrote
I did too, but I think theres a decent chance of this massively reversing through tommorrow similar to doordash's horrible earnings last week.
persononearth23 t1_j9o6js1 wrote
Buy more, fuck nvidia, keeing gpu prices so fking high my god
banditcleaner2 t1_j9uixiq wrote
nothing but demand is keeping gpu prices high, why shouldnt they keep them high lol?
persononearth23 t1_j9unpu8 wrote
Goodness. No shortage of fucking morons out there
718cs t1_j9oqizh wrote
Lol you’re about to get blown up
sleepyguy007 t1_j9oqy02 wrote
I mean I bought 1 put so it's not a big deal I just think with how expensive it is it's possible. Could be a good time to get march or April puts
Skeeter_206 t1_j9ouxeo wrote
Nvidia doesn't trade at it's price point because of graphics cards and revenue, it does so for long term prospects of AI... And this earnings report was a big win in that department
sleepyguy007 t1_j9ov6ed wrote
I'm pretty sure I he other chip makers can do something and catch up. Building a blob of silicon to process's random commands isn't something Intel and AMD can't do. Also as a software engineer don't believe this matters for like 30 years.
greenvillebk t1_j9pgy69 wrote
I don’t want to make you a generalization, but this is classic software engineer underestimating how hard it is to create physical things. Including the cutting edge of manufacturing technology. I would love for you to actually look up the manufacturing process of computer chips and compare that to whatever product management plan you may be following.
VenmoSnake t1_j9owznz wrote
30 years from now? AI is being increasingly adopted by major companies and it’s not just tech. Today Microsoft and Morgan Stanley are both in on OpenAI Chat GPT among others.
[deleted] t1_j9oxa7s wrote
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cheeeezeburgers t1_j9rvari wrote
Well if the last 5 years is any indication, this is infact something Intel can't do. Also, considering that most software engineers can't do what they do and hardware is 10X harder. I think you might be overestimating your skills here a bit.
banditcleaner2 t1_j9uiuwz wrote
shorted a ton of naked 250 calls on nvda yesterday before close, who got blown up here? you did mf, gg
718cs t1_j9vkvld wrote
I did not own any Nvidia calls or puts. No blow for me
Alexa_is_a_mumu t1_j9r7tj2 wrote
Wrong again lol.
Chester-Ming t1_j9ofy5t wrote
The house always wins fam, haven't you been in a casino before?
Sweet-Ad2579 t1_j9ry9pw wrote
depends how much theta you got i think this is just longs pumping it up with calls to sell out and generate some bag holders with their price target increases.
Beelzabubba t1_j9s1t7r wrote
I appreciate your optimism but my $205 strike expires tomorrow and I paid $6 for them.
I lost this round but I’ll get it back when I coattail ride the eventual fall. At this point, it’s going to be a spite trade.
Sweet-Ad2579 t1_j9s48e0 wrote
haha yeah, get some theta this time. the market can stay irrational longer than you can stay solvent :D
[deleted] t1_j9nju8d wrote
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