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/r/Options·/u/W_BUFFETT69·2 days ago
#iGPUAhbF
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Hi everyone. I just sold an IBM call Option strike at 265 which I bought after the announcement that US would invest in quantum computing stocks. I come from stocks and rarely trade options (and only with very small amounts), so I’m looking for advices and feedbacks. I would like to buy a new option or two with the money I made by selling IBM. I was looking at NVIDIA at a Call with strike 215 for 1640$ with expiration on the 21th of August. IV at 41%, high, but not too expensive. The IV percentile is at 62%. Whenever NVIDIA double beats expectations on their report, the stock does not gain from it in the first month just to “skyrocket” a little bit later. I feel like the last earning report was great and analysts set the price target at 295$. Now, “just” reaching a new all time high at about 250$ would be fine with me if I get this option. Not sure if should buy two calls of NVIDIA or get only one and then spend the money for a call in a different (ai related) company.…

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