Tag Archives: option price

I Wrote A $600 ‘NVIDIA’ (NVDA) Option Today!

by Anura Guruge
on October 16, 2023


Click to ENLARGE. From ‘Fidelity.com‘.

SMILE. Couldn’t lose. SMILE. Got a nice premium today.

IF NVDA shoots up after earnings I am still good. Plenty of runway left.

IF it slumps, I roll it back & make more money.

I am NOT new into NVDA like so many others. I have owned NVDA for many, many years. SMILE.

I Wrote My First $4,000+ Amazon Option Today — Scary, We Are Now In Nosebleed Territory.

by Anura Guruge
on July 6, 2021


Click to ENLARGE. From ‘Fidelity.com‘.

For the last 3-months I have been telling a few folks, via e-mail, that Amazon shares will surpass $4,000 by the end of the year.

But, I had NOT foreseen today. What SANE person could have. This is irrational exuberance gone wild! Up 5% in a day. 5% in a day. I am NOT complaining — well, maybe a little. SMILE. Playing options get hard when you have crazy up days like this.

Yes, there is only one sane thing you can do. Chase it up. Yes, I also believe that AMZN will split before the end of the year. So, we might actually see AMZN hit $5,000 this year. Yes, $5,000.

Think about that.