Near term prediction of NVDA?

Submitted by jamisonf1 t3_11daa8l in wallstreetbets

I’ve got a couple 232.5C expiring on Friday (3/3) and was wondering if anyone thought this’ll be 240-250 by end of week? They’ve done good since earnings but I need this to climb a little higher so I don’t have to apply at Wendy’s

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Okimingme t1_ja7h2hq wrote

I am Short as fuck on this pile of shit. I do not at all understand why it is even close to this expensive. There is no fundamental reason at all. They act like we are ina bull market 2021. Once the call chain capitulates this pile of shit will plummet. Could it go higher maybe. I don’t think so. But I also think it should be 160$ by now after their shit earnings that were dressed up with 200 AI cameos

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jr1tn t1_ja7hnrl wrote

Hard to argue with such brilliant use of four letter words

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manson-124 t1_ja7t42k wrote

for some reason there are some glue eating apes thinking that a company with 135 pe ratio and a shit earning will continue to rally in the upcoming month

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DiriboNuclearAcid t1_ja7kolm wrote

When does the chain fall off? Also AI

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Okimingme t1_ja7kudv wrote

When longs capitulate. I know….it’s crazy

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bigft14CM t1_ja8q3sn wrote

If you say AI in reverse 3 times the stock price ticks down... "IA IA IA"

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isucktrading t1_jaauonb wrote

Glad to see you realized you had a drug problem and joined AAA… oh shit that is for flat tires !!!! Sorry

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Werdna168 t1_jabdo2q wrote

100% agree but screaming AI raises your stock 2% everything you say it. So it may never come down because fuck us with puts and short positions.

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EnvironmentCalm1 t1_jach7b4 wrote

As long as the CEO has enough brain cells to repeat "AI" over and over to other regards it'll keep going up

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VisualMod t1_ja7f6b4 wrote

>I do not have enough information about the stock market to make a prediction.

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DenuvoSuks t1_ja7fupr wrote

the bot wants insider information to reply. img

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Destione t1_ja7wxx2 wrote

Sell now (237).

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jamisonf1 OP t1_ja7xhx3 wrote

That would be a loss and I refuse to sell for less than I paid. I would have to work at Wendy’s and I’m not having that

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Affectionate_Law3788 t1_ja8krs8 wrote

This is one of those stocks you buy shares in and hold. I've doubled my money twice holding shares, every time I try to screw around with options on it I get reamed.

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Don-QueHotas t1_ja7mjxc wrote

i just want it to get closer to 300 so I can get out of this nightmare (still at a loss haha)

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Affectionate_Law3788 t1_ja8larw wrote

Literally just hold forever, it will eventually get there and surpass it. (No probably not this year or the next) The company isn't going anywhere, it just got overhyped and you bought at the top. Core business and performance is solid. Chip market is only going to grow in the long run.

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latending t1_ja7o5ik wrote

Has someone been taking stock picks from Jim?

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Don-QueHotas t1_ja7o9jr wrote

even worse..... youtube influencers

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latending t1_ja7pxsq wrote

Sorry about that. NVDA was always hot garbage, massively boosted by the greatly unsustainable ETH mining boom.

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cchackal t1_ja8ykra wrote

Thats funny, I need this at 220 by 03/03 so I too, dont have to work at wendys

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arpatel530 t1_ja9pili wrote

So 61% YTD is not enough. You want another 8%. Go look at weekly. This is going for 8 weeks green in a row with money flow at extreme overbought levels. It finally hit weekly cloud resistance. Pull back is here. I'm short shares and naked calls. Means you will get 260 this week given my ability

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VisualMod t1_ja7f5yk wrote

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Pickle_Rick_Goat t1_ja7utq5 wrote

I shorted at 200 for a month out. But I'm always wrong so good luck.

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Jutty1026 t1_ja821jd wrote

I see 250 forthcoming. Stay the course. This is a stock that you hold for the long term. The p/e and valuation critics are overlooking the path to extreme disruption Nvda has in front of it. Stay long

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jamisonf1 OP t1_ja82q2v wrote

I just rolled my position to a 3/31 expiration

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Jutty1026 t1_ja853y8 wrote

Good call. I own shares and some leaps. See you at the top bro

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ApplicationWest3283 t1_ja8rp0q wrote

If it hits low 240 it will be either this afternoon or within 1.5 hours of open tomorrow. After that, it will retest 237. Probably flat for reg if the day, then retract. Take profit while theta is on your side. We are still in an overall downtrend, and this stock is fighting against the current

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supernewtrader t1_jaac4nc wrote

If anyone actually knew where this would be headed regardless of going up or down, everyone would be living in a giant mansion with 100 wives.

Don't be greedy. Just sell at whatever profit you're in already and make a new play rather than hoping to squeeze every penny at the way top and only end up regretting it by losing it all. That's how people lose.

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MaxxForceDT t1_jab4exx wrote

I am AI, Shorting, AI, NVDA, as well. AI, The Fundamentals AI has been a disaster recently AI and the CEO basically just AI kept talking about AI. The stock AI Rallied off this AI pitiful showing AI so Good Luck AI.

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Few_Dig7979 t1_ja8r0qn wrote

Bruh its over, this is not a green week. No good news left, earning pump is over. SELL

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