To The Moon

Many investors consider Nvidia $NVIDIA Corp(NVDA)$ expensive based on its PE ratio of 67x, which is the second highest among the Magnificent Seven. They may prefer other Magnificent Seven stocks that have relatively lower PE ratios, such as Apple $Apple(AAPL)$ at 30x, Amazon $Amazon.com(AMZN)$ at 48x, Alphabet $Alphabet(GOOG)$ at 26x, Meta Platforms $Meta Platforms, Inc.(META)$ at 25x, and Microsoft at 36x. Source: Bloomberg, Tiger Brokers However, Nvidia’s premium valuation is justified because it is providing high revenue and earnings growth that is unmatched by other Magnif

Market OverviewU.S. stocks ended a shade higher on Tuesday (June 4) following softer-than-expected labor market data that reaffirmed expectations of an interest rate cut by the Federal Reserve.Regarding the options market, a total volume of 34,359,720 contracts was traded, down 9% from the previous trading day.Top 10 Option VolumesTop 10: $TSLA(TSLA)$, $NVDA(NVDA)$, $AAPL(AAPL)$, $AMD(AMD)$, $GME(GME)$, $PLTR(PLTR)$, $MARA(MARA)$, $AMZN(AMZN)$,

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Throughout most of the trading session on Tuesday (04 June), major indices traded lower due to pressure caused by emerging concerns about growth. But we saw mega cap stocks rebounded in the afternoon session which help the indices to close near session highs. We saw S&P 500 and Nasdaq Composite each closed 0.2% higher, while the Dow Jones Industrial Average rose 0.4%. Nvidia Standout As A Winner. Microsoft and Apple Contribute As Well After Elon Musk indicate that Tesla is expected to make $3-4 billion of Nvidia purchases in 2024, this helps $NVIDIA Corp(NVDA)$ close higher to be the standout winner. Other mega cap like Microsoft and Apple helps in pushing up the session in the afternoon. NVDA was down 0.8% at its low, MSFT was down 0.9% at

Financial Performance: The Numbers Game When it comes to financial performance, BYD and Tesla are like two heavyweight boxers, each landing impressive blows in their own unique styles. BYD posted a net profit surge of 19% year-over-year, raking in 8.67 billion yuan (£679 million) in the final quarter of 2023. They also trumped Tesla in quarterly EV sales for the first time, shifting over 526,000 units. But in a twist worthy of any financial drama, BYD's Q1 2024 earnings took a nosedive, with net income dropping 47% to 4.569 billion yuan (£358 million). Electric vehicles race ahead in the modern tech landscape Tesla, the market darling, stands tall with a market cap of about £422 billion, dwarfing BYD’s £81 billion. Despite challenges such as price cuts and intensifying competition, Tesla's

Concerns over the health of the US economy intensified. Meanwhile, investors closely monitored key economic data releases this week for clues on the extent of an economic growth slowdown.Options flows showed expectations for SPY to see limited downside below 2% by late June. QQQ was expected to trade below 455 by June 21 expiry. Small-caps remained volatile with expectations for a 4.4% swing in either direction for the Russell 2000 through July.Details:The S&P 500 ETF (SPY) saw open call interest rise 2.4% over the past 5 days. Open put contracts increased 1.7% over the same period.For call options, investors bought the most $SPY 20240621 532.0 CALL$  with a 532 strike, adding 15,000 contracts. This implied around 1%

$NVIDIA Corp(NVDA)$ announced its first quarter financial report for the new fiscal year on 22rd May , which exceeded sales and earnings expectations and also said it plans to split its stock.Shareholders of record as of the close of trading on Friday, June 7th, will receive additional shares. Trading will commence on the adjusted split price starting Monday, June 10th.1. Stock Price, Quantity, and Options Contract Adjustments Post-Split:$NVIDIA Corp(NVDA)$'s stock split, with a ratio of 1 to 10, will result in a ninefold increase in the number of shares and a price that becomes one-tenth of the original.Holders of options contracts will see their number of contracts increase tenfold after the split, but

Didn't expect so much to happen in one day, it has an atmosphere of heating up the party scene.The Kitten (GME's Ringleader) Flaunts His Position AgainOn June 3rd, Monday's U.S. stock market close, Roaring Kitty "Keith Gill" posted screenshots of his holdings on Reddit for the second consecutive day.The image showed no change in his stock and option quantities. After GME closed at $28, up 21%, his $21 cost basis stock gained 31.62% and $5.67 cost basis options gained 76%. His total account value reached $289 million.Unsurprisingly, the comment section was full of riled up retail investors vowing to continue buying calls. I believe Roaring Kitty will keep posting daily to incite more retail buying with the high gains.As GME's known ringleader, Roaring Kitty has two aims in posting:Show ever

On Monday’s trading I closed some of my call options on prominent tech stocks when they showed favorable intraday performance, and made a 52% account income.Closed positions on $NVIDIA Corp(NVDA)$ calls expiring June 21st with a $1300 strike price.Closed $ARM Holdings Ltd(ARM)$ calls with a $130 strike price.Closed $Advanced Micro Devices(AMD)$ calls & $Micron Technology(MU)$ calls.Current Holdings:I still hold calls on $Amazon.com(AMZN)$ with June and August expirations and varying strike prices to bet the its earnings,I also hold calls on