@Belzec absolutely, one of my favorite things :) have any questions or looking for resources?

@Deleted User I told you I would update you if I got interested in an options trade. End of last week I bought OTM NVDA calls expiring day after earnings report

@ThisIsChris whats your thesis on NVDA?

So I started following it last year, they have three target markets they get evaluated on: 1. Data Centers (like AWS or other cloud providers), 2. Gaming Computers, 3. Crypto mining. Most institutional investors (I understood from listening to their conference call) as of last summer were hyper focused on their datacenter growth, which they were OK on, and completely ignored their gaming computer and cryptocurrecy growth. My basic thesis is that NVDA is still king in crypto mining and the recent interest and legitimization on the futures exchanges may make investors finally wake up to that. On this thesis I'm also considering selling the calls going into earnings instead of after, since my experience is that it attracts lots of attention (read high premiums) and I think I got in a good spot with the strike.

@Zyzz ^

sounds well thought out

good luck

Anybody know of any good dividend stocks to look into?

@commonplebe - IN if yield is your focus and you do not care much about capital appreciation i'd look into preferred stock. some quality issues will yield ~6-7%. very few (if any) common equity dividend stocks will yield that. and if they do i'd be highly suspect

I’m thinking more about long term while on a smaller budget right now.

@commonplebe - IN my suggetion is to check out https://seekingalpha.com/dividends

look at VZ, T

there are some utility stocks that have high yields

same with REITs and BDC (business development companies) as well

MLPs too

Thanks. That gives me a good place to start for research.

NVDA heck yeah

Up 11 points today

I've been reading about Nvidia recently when considering a GPU purchase. They seem to be killing it. They even said recently "we're in no rush to launch the next generation of consumer level products, we are already so far beyond our competition, our marketshare has no risk"

That's a bizarre statement to make lol

Is this the news that sent it up 11%?
"Nvidia GeForce EULA change prevents data centers from using consumer GPUs"

"NVIDIA EULA Update Forbids GeForce GPUs In Data Centers To Protect Fat Margins"

Hmm not sure if that's it, but could be. Their main competition, AMD, is also up today.

Looks like their consumer level products have lower margins than their commerical level and they're forcing commercial customers to use the commercial level and the customers just shut up and take it because Nvidia is so far ahead of the competition.

Oh that explains a lot @Tanner - SC

https://www.investors.com/news/technology/why-you-should-watch-nvidia-intel-other-chip-stocks-wednesday/

>Strong November chip sales figures from the Semiconductor Industry Association were a catalyst for Tuesday's gains.

>Nvidia, which has boomed as its chips have expanded from PC gaming to autonomous driving and artificial intelligence

do you think GPUs being used for mining crypto is still giving them a boost?

I've seen some emerging coins that use non-GPU mining systems but nothing that would affect current application too dramatically, if it's impact on sales isn't negligable

but I do recall a pretty big spike in demand and price not too far back

Yes. AMD getting more of a boost from crypto mining than Nvidia due to their hardware architecture being better suited for it, but Nvidia getting a boost too

I see

@ThisIsChris nice call on NVDA. Are you selling or holding the options you currently own?

@Zyzz good question! Now I'm not sure since this is a lot more movement faster than I was expecting, but I will probably sell, maybe roll out or buy back in closer to earnings, not sure yet

@Zyzz I just rolled them out to 220 strike for a credit

Whenever my limit order goes through immediately I wonder if I should have asked more lol

@here just a generic and friendly reminder to not risk money you can't lose. Also that no one here has a crystal ball and unforseen risks can arise.

@Why Tea How do you insulate your investments from crashes?

Well you can't entirely insulate, but you can reduce the risk by diversifying across asset classes that are loosely coupled / correlated with each other.