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re: Options Trading Thread

Posted on 3/7/24 at 11:17 am to
Posted by BCreed1
Alabama
Member since Jan 2024
1382 posts
Posted on 3/7/24 at 11:17 am to
quote:

Anyone following ARM?


Yes! I shorted it after they reported and made pretty good from it's drop off from people taking profit.


Now I am looking at it long term with PMCC. Just waiting for a better entry price.
Posted by LSUcam7
FL
Member since Sep 2016
7915 posts
Posted on 3/8/24 at 5:06 pm to
If you bought 0DTE, OOM NVDA puts this morning, you would have 100-200x your money.

The 900P at the lows were around $0.13. Closed around $23, 5 hours later

ETA: I didn’t buy any. Nor did I go long puts on ARM yesterday, like I was deliberating above. Instead I bought a Uranium miner ETF, which dropped 5% today.
This post was edited on 3/8/24 at 5:10 pm
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