Everyone saying google is trading at a low PE, currently 26, wow isn't that amazing. But... they? There's two separate stocks, class A and class C, people pump money into both. Alphabet is trading at about 52 PE if you add them together. Am I wrong in thinking this?
Dear OP,
This, will be the shittiest thing you will do!
THIS above 👆👆
Do not, and I mean it when I say, DO NOT sell covered calls on OPEN. Or CSPs...or buy calls/puts/LEAPS.. or anything that says OPTIONS on OPEN.
While the premiums are juicy, all options on this ticker are jackkkeeed to the t*ts in IV right now, which means it's something you don't wanna fck around with!
Today the stock dropped 20%, the other day it rallied 30% or whatever, who tf keeps tabs lol.
Anyway, you sell a $10 call and feel happy recouping your losses:
Tomorrow stock goes to $5, you make a quick buck by dumping those calls, but even then, your unrealized losses will far outweigh your meh profits.
And then you cant set a $10 call so you are stuck with this stock, waiting for every reddit post that say $82, when moon, Kaz showed his left nut - bullish, etc.
Or the other way this could go:
You sell a $10 call, and the stock rockets past that in a single session!
Your calls are wreckeddd! And you now missed out on all the upside potential, while still waiting till option expiration or for it to go down again! Not fun either ways!
Every single Greek on OPEN options means nothing today. 0.9 deltas come smashing to 0.7s and 0.6s, IV is at 2-300% and everything in between.
So say with me:
"Everything is priced in"
And DO NOT do any options on this meme stock until they stop tweeting and start showing real results!
Peace!
i edited my post, i didnt know IREN got NVDA partnership status. I will be throwing all my available cash at it soon. I dont like glxy b/c the debt and I don't think people understand how much helios is a facelift/retrofit. Maybe I'm missing something.
thank you for your valuable insight
Polymarket: What will Trump say during address to UN General Assembly on Sept 23?
a) Grab pussy ---> Tesla +10%
b) Kiss my ass ---> SPY -5%
c) AI supremacy ---> NVDA -20%