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- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 0
Yesterday I sold most of my Nvidia puts with a nice profit. Pure luck, with Nvidia this moment 9.8% up.
Having observed Nvidia and the other "glorious/magnificent" ones (still have my puts for those) for 1+ months now every day I am wondering: Is the easiest way to make money to buy calls for one of them if there was a huge fall for the day, say Nvidia is 5+% down - and to sell them the next day as "surely" that fall will be at least partly reversed then? And the other way around, to buy puts after a huge up day and to sell them the next day?
Seems too easy to be true, but if my memory is halfway correct it would have mostly worked during the last weeks.
No. of Recommendations: 3
...it would have mostly worked during the last weeks.
Maybe ok, maybe not.
But I wonder what the average return is of strategies whose descriptions end with those words?
Jim
(yup, I have some NVDA)
No. of Recommendations: 0
As I just again bought Nvidia puts I might be able to tell you in another few weeks.
(Of course it's not a "strategy", just using opportunistically some current opportunities --- or not, we will see :)
No. of Recommendations: 0
As I just again bought Nvidia puts I might be able to tell you in another few weeks.
Or maybe not, as I might not have them long enough.
(Just sold some => working perfectly until now, one full day out of sample :)
No. of Recommendations: 0
All sold. Not bad, 20%-25% in a day. How do you say? "Rinse and Repeat"?
No. of Recommendations: 4
one full day out of sample :)
Ha!
A journey of a thousand dollars begins with but a single buck...
Jim
