To The Moon

Based on the recent news, it's understandable to be cautious about NVIDIA, especially with concerns over delayed Blackwell chip deliveries and potential design flaws affecting major clients. It's worth noting that Jensen Huang, NVIDIA's CEO, sold some shares at highs of $128 to $130 last month, which might indicate his confidence in the company's stock price at those levels or simply a routine part of his stock management. ### Holding on the Ride Given the recent drop and partial recovery, it may be wise to consider your long-term belief in NVIDIA's potential. If you believe in the company's future growth and innovation despite short-term challenges, holding onto your shares could be a good option. However, if you're concerned about potential further declines due to ongoing trade wars and production delays, you might want to reassess your position. ### Buying at $90 by Selling Puts If you aim to buy NVIDIA at a lower price, selling put options can be a strategic approach: 1. **Sell Put at $95**: - **Premium**: If you can sell a put at $95 and take a $5 premium, your effective purchase price would be $90 ($95 strike price - $5 premium). - **Considerations**: This strategy allows you to potentially buy NVIDIA at $90, which you consider a safer support level. 2. **Sell Put at $100**: - **Premium**: If you sell a put at $100 and take a $10 premium, your effective purchase price would also be $90 ($100 strike price - $10 premium). - **Considerations**: This approach offers a higher premium, potentially providing more income if the option expires worthless. However, it might be riskier since you're obligating yourself to buy at a higher strike price. ### Considerations - **China Trade Wars**: With potential dampening effects on sales due to trade tensions, setting a lower target price for NVIDIA could be prudent. Buying at $90 could provide a margin of safety if the stock experiences further volatility. Ultimately, your decision should align with your risk tolerance and investment outlook for NVIDIA. If you're comfortable with the potential risks and believe in the company's long-term prospects, these strategies could help you achieve your desired entry price. @TigerStars @MillionaireTiger @CaptainTiger @Daily_Discussion