With the huge VIX spike today I need to get long something and so in long on NVDA at $104.90 basis this afternoon. For a short term trade it is hard to not like the risk/reward here even being as anti-LLM as I am.
I just took a look now at the Vix after you mentioned it. Sure seems elevated from the last time I looked. Though this is nothing yet, the war is ready to hit over-drive... meanwhile Yahoo Finance says today's selling off was due to US economic data. lol If that's the case, then we have a much longer drop coming ahead... many catalysts to the downside.
Every article is anticipating a continued NON stop rally in nvda https://www.tipranks.com/news/get-ready-for-another-upswing-says-ruben-roy-about-nvidia-stock
There's like a trillion dollars in open interest on the puts/calls of SPY and QQQ over that date. What's the CEO's name again? Jensen something. Who remembers "Jensen 6x9 Triaxials" from back in the day? That was the the cats meow in car stereo speakers back then. Good pick for the name of a newborn. Cramer should name his next dog Bear.
Cramer is going to name his next dog Canopy. I am telling you man...When the feds legalize the green, those stocks will zoom!
Q: What's a 7% haircut on a $3T marketcap come out to? A: Who cares... btfd. Especially at $103ish if it gets in that neighborhood.