NoLimit (@NoLimitGains)
@NoLimitGains
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JUST IN: A mystery trader has made nearly $200 million betting against Nvidia, $NVDA, weeks before Jensen Huang resigned as CEO, per the FT.
Here's how the trade worked:
The trader bought 180,000 put options at a $150 strike and sold 280,000 puts at a $100 strike. In simple terms, it was a bet that Nvidia would fall hard.
It cost about $8 million to put on.
It's now worth around $196 million. That's about 24x their money.
Nobody knows who it is yet.
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Americans discovering they can just follow this account and trade like the President.
Trump made 220% profit on this stock in a few months.
It has now collapsed 47% from its highs and you can buy it 26% below the President's own exit price.
Here it is:
Cannot remember the last time I bought Nike apparel or sneakers.
Anyone else in the same boat?
NVIDIA’s new quantum-GPU bridge runs through one small-cap stock most people have never heard of.
NVIDIA just picked a small-cap quantum company to plug directly into their AI stack, and most investors do not know the name yet.
Here it is:
