re: Quantum computing

Posted by HamCandy

Team Meat

Member since Dec 2008

922 posts

Posted on 1/2/25 at 10:41 am to Paul Allen

Anyone purchase QTUM Defiance Quantum ETF?

Holdings:
Rigetti Computing Inc
3.22%
D-Wave Quantum Inc.
3.15%
IonQ Inc Class A
2.08%
First American Government Obligs X
1.58%
Palantir Technologies Inc Ordinary Shares - Class A
1.49%
Tower Semiconductor Ltd
1.48%
Teradyne Inc
1.47%
Alchip Technologies Ltd
1.44%
Taiwan Semiconductor Manufacturing Co Ltd ADR
1.44%
Marvell Technology Inc
1.40%
Total
18.75%
# of Holdings
74

Posted by el Gaucho

He/They

Member since Dec 2010

58433 posts

Posted on 1/2/25 at 10:43 am to HamCandy

Laes lit fam

Posted by Paul Allen

Montauk, NY

Member since Nov 2007

77700 posts

Posted on 1/2/25 at 3:27 pm to el Gaucho

RGTI up to $20

2 ...

Posted by The Egg

Houston, TX

Member since Dec 2004

83054 posts

Posted on 1/2/25 at 3:33 pm to Paul Allen

amazing amazing amazing

Posted by meeple

Carcassonne

Member since May 2011

10774 posts

Posted on 1/2/25 at 6:26 pm to The Egg

I should have bought more in the dip

Posted by el Gaucho

He/They

Member since Dec 2010

58433 posts

Posted on 1/2/25 at 6:40 pm to meeple

Anybody in qsi

Posted by I Love Bama

Alabama

Member since Nov 2007

38420 posts

Posted on 1/2/25 at 8:16 pm to Paul Allen

Im buying my puts tomorrow. Going to hammer this hard.

5 weeks ago the board and management sold 50,000,000 shares at $2 a share. That’s what the people who run the company think it’s worth.

Asymmetrical bets. My favorite.

3 ...

Posted by jefforize

Member since Feb 2008

45624 posts

Posted on 1/2/25 at 8:23 pm to I Love Bama

tread carefuly

quote:
In its latest 13F filing with the U.S. Securities and Exchange Commission (SEC,) State Street reported a purchase of 309,831 shares, bringing its total holdings to 2.7 million, valued at $2.1 million.

Other major institutional holders of Rigetti Computing include Deer Management, BlackRock, Vanguard, and Penserra Capital Management.

LINK

Does seem rather top heavy and I’m sure these firms got in cheap and are itching to dump their bags on retail

This post was edited on 1/2/25 at 8:33 pm

Posted by REG861

Ocelot, Iowa

Member since Oct 2011

37756 posts

Posted on 1/2/25 at 9:55 pm to jefforize

Question - where are people learning about more speculative AI and related companies? One might even say penny stocks. Things like KUlR, LAES,. Discord? There are going to be so many soon and I don’t want to learn about them here when they’re already overvalued.

Posted by JohnnyKilroy

Cajun Navy Vice Admiral

Member since Oct 2012

40112 posts

Posted on 1/2/25 at 10:38 pm to I Love Bama

What strike/expiry you looking at?

Posted by bayoubengals88

Member since Sep 2007

23479 posts

Posted on 1/2/25 at 10:45 pm to REG861

After hours app

Posted by I Love Bama

Alabama

Member since Nov 2007

38420 posts

Posted on 1/3/25 at 7:25 am to JohnnyKilroy

Looking now. Probably do one year out and I won't bet more than I am willing to lose and not care about.

Posted by meeple

Carcassonne

Member since May 2011

10774 posts

Posted on 1/3/25 at 8:11 am to I Love Bama

quote:
Looking now. Probably do one year out and I won't bet more than I am willing to lose and not care about.

I just buy and hold a while and sell whenever I feel like it because I’m not savvy on all of this stuff. Can you explain what you mean by this?

2 ...

Posted by el Gaucho

He/They

Member since Dec 2010

58433 posts

Posted on 1/3/25 at 10:42 am to meeple

I’m buying sprc

2 ...

Posted by jefforize

Member since Feb 2008

45624 posts

Posted on 1/3/25 at 12:50 pm to el Gaucho

nuclear play and not a quantum play, but im feelin pretty good about my Oklo $18 limit order filling last month.

something has to power all these AI and quantum projects.

Posted by el Gaucho

He/They

Member since Dec 2010

58433 posts

Posted on 1/3/25 at 1:01 pm to jefforize

None of this stuff is ever gonna pan out it’s just gonna be ceos making money

They haven’t fixed a bridge or filled a pothole in 50 years why would they build a nuclear power plant

Posted by bayoubengals88

Member since Sep 2007

23479 posts

Posted on 1/3/25 at 1:55 pm to meeple

quote:
I just buy and hold a while and sell whenever I feel like it because I’m not savvy on all of this stuff. Can you explain what you mean by this?

He’s looking to buy puts that expire next January or so. He’ll probably buy strike prices around $5 to $10 dollars. This means that if the price of RGTI heads that direction, his put contracts will increase in value.

The $10 put will be more expensive than the $5 put because the $5 put is further out of the money with RGTI being around 18-19 today.

Beyond that I’m not sure exactly what his strategy is. Does he want to make a quick 25-50% or does he want to wait for RGTI to really correct and possibly cash out with 5 or 10x gains.
I’d suspect the latter.

Posted by bayoubengals88

Member since Sep 2007

23479 posts

Posted on 1/3/25 at 2:07 pm to bayoubengals88

The put option will increase as the price of the stock decreases because is gives the buyer of the puts the option to sell shares at the strike price of their choosing.

Right now the $10 put option that expires next January is going for about 3.80. So you’d spend $380 on the options contract.

Well, if RGTI is trading at $2 next January, then the price of the put will be worth well upwards of $8 depending on implied volatility.

3.80 —> 8.00 is more than 100% gains.
So he could just sell the contract (most do) or exercise the option, which is to sell RGTI at $10 per share even though it’s trading for $2.

Check out optionstrat for a price predictor.