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You don’t get to use the premium, it’s held in escrow as collateral against the position. There is basically zero chance NVDA goes in the money on these, but that wasn’t the goal. The real way this trade is profitable is any spike in volatility will decrease the spread. I.e: I opened the spread and received a $29.99 premium by putting up $0.01 in risk. NVDA earnings has a 5-7% run up in a few weeks… (very possible, look around at all the insane volatility) Now the spread is “more likely” to hit, IV increases, and there are buyers for $26-$28. I close the position for $27 and keep $2.99 x 100 x 225 =$67,275.00 for ~$250 in risk. This play is about as dumb as buying single leg call options that are deep out of the money. It’s dumb, and gambling, but not as regarded as the millions of people in this sub that don’t actually understand options.
The real reason we started the razor-blade in candy thing was to keep the kids from eating all the candy before we got a chance to take the best pieces for ourselves
Lmao yeah right, thats sounds cute until the management guy needs to make the decision to spend 10 million on a commercial or just let the intern generate one which is good enough Like its rather the high budget ones of big companies which will rather choice the better alternative over some moralistic values that real human work is better than ai Also nobody gives two shits about ai being used for ads, like most ads are already fake as fuck and literally nobody likes ads in the first place, as if people going to be like "Oh no this trillion dollar monopoly company which uses third world slave labor and gives no fucks about the environment, used AI for their annoying ads, i was going to buy their product but I guess now I will rather starve"
In the past year, I've been tackled by a homeless guy, had a knife pulled on me, and served papers to an angry douchebag. I'm like a real life Batman
hes ready for the real meat
META fucked me real good
You never were real
I’m not real without it
Why are you being down voted? AI videos have gotten surprisingly good lately. To the point where I sometimes have problem telling real from fake.
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