Saw some guy put 100k into NVDA short dated puts, so I inversed that by buying leaps
Inverse wsb is the new proven best way to invest.
https://i.redd.it/2l17c1x5v1og1.jpeg
Posted by iloveaccounting64
10 Comments
New_Competition_410 on
Based
Aware-Travel6743 on
premiums are elevated right now. You will get fucked once vix drops. For now create a spread so premium elevation wont matter.
PNWPlayZ on
100K puts, 100K leaps..maybe i should jjust buy shares
Doughnutpower on
🍿
Careful_Response4694 on
Not the same expiry = not a true inverse.
Zeus_Mortie on
So you sold one and bought one? How do you derive 100k from the two values on the right? Cuz it looks like you sold one that’s currently worth 69K and bought one that is worth 450K. I feel dumb af asking this but, what am I looking at?
Impressive_Appeal388 on
The inverse of that are short dated calls you dimwit.
Dude buys leap calls on the most valuable company on the planet and thinks its a genius play. Smdh
AlGAdams on
Technically you did a bear spread so both you and the other guy are hoping for no positive movement. You’ll get paid on a sideways market though so IMO this is very well done.
EDIT, nevermind I just saw I had the sold and bought side backward so you are bullish. GL lol.
10 Comments
Based
premiums are elevated right now. You will get fucked once vix drops. For now create a spread so premium elevation wont matter.
100K puts, 100K leaps..maybe i should jjust buy shares
🍿
Not the same expiry = not a true inverse.
So you sold one and bought one? How do you derive 100k from the two values on the right? Cuz it looks like you sold one that’s currently worth 69K and bought one that is worth 450K. I feel dumb af asking this but, what am I looking at?
The inverse of that are short dated calls you dimwit.
Dude buys leap calls on the most valuable company on the planet and thinks its a genius play. Smdh
Technically you did a bear spread so both you and the other guy are hoping for no positive movement. You’ll get paid on a sideways market though so IMO this is very well done.
EDIT, nevermind I just saw I had the sold and bought side backward so you are bullish. GL lol.
Dearly regarded,
Time for the iron condor