Well I certainly can't argue with something that is italicized.

But I should say that any engineer familiar with the AI tech stack could have bought NVDA at any point in the last five years knowing how big their moat is. That same engineer could have sold monthly covered calls, taking 5 minutes out of every month to do so.

And before you say it, no, they wouldn't be full port NVDA.

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karp773 6 days ago | parent | next [-]

Wouldn't selling covered calls on Nvidia have been like selling a goose that lays golden eggs?

	▲	cosmicgadget 6 days ago \| parent [-]
		The ones that assign, yes. But nvidia pays like one cent per share in quarterly dividends so the real golden eggs are the call premiums. Otherwise you're just trying to buy the goose low and sell it high.

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andrepd 6 days ago | parent | prev [-]

Jesus, don't quit your day job to become a trader is all I'm gonna say.

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cosmicgadget 6 days ago | parent [-]

Can you at least provide specificity to match your derision?

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andrepd 6 days ago | parent [-]

It's trivial to say in hindsight "if you had just bought XYZ in January you would have 80% gains by now!". Yet this is pure confirmation bias. Moreover, surveys routinely show that amateur day traders do not consistently beat a global stock index in a statistically significant manner.

Extrapolating from past data with N=1 to demonstrate that "any tech person can outperform the index" shows a crass lack of mathematical reasoning, which in my opinion demonstrates why you're unsuited to professional trading.

	▲	cosmicgadget 6 days ago \| parent [-]
		Okay since you're just tossing insults I'll just say that you don't need hindsight to have known that Nvidia is selling shovels in an AI gold rush.