NIA warned on Tuesday afternoon: Whatever you do don't buy any options in Nvidia (NVDA) prior to last night's earnings.
The investors who lost the most money today were owners of NVDA options, regardless of puts or calls! It was so obvious to NIA that this would happen, we felt obligated to issue an urgent warning on Tuesday!
NIA said in its Tuesday afternoon warning, "It is never a good idea to buy puts/calls in any stock prior to earnings. We would only consider NVDA put options if NVDA makes a massive rally on Thursday. NVDA will eventually crash, but maybe NVDA has one last spike higher on Thursday and hits a peak prior to declining dramatically in the upcoming months. Bottom line is... Don't buy any options in NVDA prior to earnings."
NVDA's August 25th $470 call options declined by 72.47% today!
NVDA's August 25th $470 put options declined by 79.60% today!
NVDA's September 22nd $470 call options declined by 26.57% today!
NVDA's September 22nd $470 put options declined by 33.77% today!
NVDA's October 20th $470 call options declined by 15.77% today!
NVDA's October 20th $470 put options declined by 23.54% today!
All NVDA options owners got destroyed!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.