To The Moon

$NVIDIA Corp(NVDA)$ Post-split liquidity seems to have spiraled out of control for institutions/MMs. Price far exceeds the $124 put to Buffett, with no signs of consolidating yet. In-the-money calls are seeing frantic closing of actual positions, not just transfers - reflected in open interest declines. I highly suspect this latest pop was driven by 0dte call sellers getting squeezed, but have no proof. Next week's expected ceiling rises to sub-$135, unsure if it'll keep ramping. This environment necessitates stock ownership, with out-of-the-money put sales like $NVDA 20240621 120.0 PUT$ as extra income. $Tesla Motors(TSLA)$ The pullback is unsurprising, as the uptrend was suppressed by shorts. But this whale isn't so much a directional bear, but more a volatility seller. Even with shares rangebound, he refuses to induce volatility, just collecting weekly call premiums in the millions. For Musk to be so quiet about this dynamic says a lot about who really controls Tesla's price. Continuing the same put/call spread strategy to collect $200 weekly: Sell $TSLA 20240621 190.0 CALL$ Sell $TSLA 20240621 170.0 PUT$ $Apple(AAPL)$ Should close next week around $210 without issue. Ideally a dip below $200, but MMs front-ran the last two days so likely no harsh sell-off. Selling the 205 put ( $AAPL 20240621 205.0 PUT$ ) feels safe. $GameStop(GME)$ GME is now a quintessential meme stock with Roaring Kitty as its mascot/brand. His 900k share display was simply a publicity stunt to garner attention in today's clicks-driven world - a dual win of fame and fortune. As long as he holds those 900k shares, he stays in the headlines without spending a dime. Even $2B couldn't buy that level of sustained hype. So ignore the $23 cost basis - it's immaterial. Even if he closes for no profit, he's already won in other ways. To trade it, either direction works. But be prepared for a drawn-out battle with Kitty. Long shares optimal for longs, options for shorts.