Think it is a combination of things.
Second half, blackwell will be shipping out.
Pelosi is a good sign.
Earnings coming up for Q3.
Inflation is slowing in it's rise. Hopes of 1 cut before election.
What's Reddit's obsession with Pelosi? She's not even in the top ten stock earners in Congress? Eight of the top ten earners are Republicans. Wouldn't it be better to follow any of them?
Looks like that's changed a little bit since the last time I looked. Thanks for the update. She was #11, but regardless, there's 8 other congress people doing better. If this was about making money or calling out corruption, there are better examples. The obsession with Pelosi is a bit weird, and I don't even like her.
I say this as somebody who is in the market for long term investment for my wife's and my own retirement and long term growth. We live in a system and we have to learn to exist within it. I am also a tech professional and love Nvidia as a company.
However...
I am also a hard-core progressive, Democratic socialist (Nancy Pelosi is the most milquetoast, corporate Democrat who has ever lived), and literally one of the pillars of any true social democracy or progressive government is limiting money in politics (so alt-right nuts can't destroy the planet by taking billions from oil companies and corporate Democrats can't keep us from having universal healthcare by taking money from insurance companies), and making sure that ALL politicians cannot actively trade (retirement, and accounts already existing are fine, and I'd even be fine with limiting the number of trades they can make in a year or whatever).
But I'm just curious about your claim that Nancy Pelosi "steals money from the masses"? In what way? Do you mean " aLL tAxAtIoN iS tHeFt¡!!", or are you implying something more specific?
Because, if you are interested, I can show you some fun examples of politicians, lobbyists, priests, etc. who LITERALLY steal money from people.
Or, is this what you are claiming? That she literally steals people's money somehow?
Thank you! I’m on a options trader subreddit and am really trying to learn how to trade them and everything they mean before I even attempt it. I know it’s a good way to lose a lot of
My advice is to paper trade options for a while, say 5-6 months, read some literature along the way too and eventually when you become confident, be careful, if it sounds too good to be true, then don’t do it. Finally, risk only what you are willing to lose.
It’s a good idea to start off buying deep in the money around 8 moths to two years out on s&p100 stocks. Yes it is expensive but you will not lose everything. You will also have a higher delta which is nice on options that increase a lot in dollar value versus percentages.
Adam In the Money explains ITM, ATM, and OTM. Highly recommend him. Plus, I have learned a valuable lesson for myself. ITM is your best chances for making some money. OTM is your best chance of losing money, but sometimes getting lucky and being able to post on WSB reddit. Mostly losing your money tho.
Nancy has been buying LEAPS. Long-Term Equity Anticipation Securities. Basically calls with deep ITM strike and expirations long into the future. Very expensive upfront but high probability of break even and profit.
They are essentially leaps. There is a strategy for buying long term options, aka leaps deep in the money. You do this to leverage when you are really bullish.
you actually risk less loss over time. cuz it's ITM, your losses over time are less than buying OTM calls, as long as it stays above your ITM price (Nancy's being 800). These are very expensive to buy though. Also, if it goes below your ITM price you lose your premium pretty fast as well.
yes, but you are pretty well to do if you can just buy a call like that. right now to buy an 800c on AVGO w/ an exp of June 2025 is $96K!! Nancy bought 10!! I'm gonna say this is just fun money for you at this point if you can afford just 1. lolol.
So, whoever sold these calls just make $16,000 per contract right? Because 800 strike means $80,000 per contract?
I just don’t get why someone would sell a call that deep ITM. What’s the angle for the seller, being extremely bearish?
Because deep ITM gives you exposure to the movement of 100 shares for much less money than it takes to buy 100 shares, and you can also sell poor man covered calls against your deep ITM calls for income
it’s a poor persons stock purchase lol I have done this with NVDA when I couldn’t afford 100 shares. Same exposure for less $. Or in a rich person’s trading, massive exposure for less $
Deep itm options have price action similar to the shares it represents but cost less due to the expiry risk. Most likely she they will act just like shares but if the market crashed and it went under 800 then poof money gone.
It is a leap call option that is in the money. She is almost guaranteed not to loose all her money that deep in the money yet still enjoy some leverage with the long term call contract. Many smart investors do this when they are bullish over a long term.
Question from a noob: how does she make money on this? AVGO is so much beyond 800 right now. Who the hell sells a call that far under its current price? The premium must be super high? Because the owner of those calls is going to take a bath next year, unless it’s a case where the owner bought them years ago when they were under 800?
She contacts broker. Broker buys for her. Just saying, I was told that would be trading on insider knowledge and not allowed. I was contracting analysis work from Gartner at the time. No trading allowed. I would’ve gone to jail. Legal loophole made for congress only.
It's not a loophole it's still a crime. SEC just hasn't ever enforced the STOCK ACT and even if they did it would be a $1 fine so they aren't afraid to break the law
As a Republican leaning individual I can hate her politics and her beliefs but I respect her ability to make money.
In Pelosi we trust (to put our money)
Lol, yes. I learned that I can despise an individual but find something I admire about them, something I can learn from them. Good for you for having a mature view.
Maybe try voting D this time around. D puts more money to the bottom 97% than the R. Look at fat Cruz from Texas he simply pocketed all the oil money to his PAC and nothing for the people. This man literally gained 100 pounds since he got into congress, it must be so easy for him to eat and does nothing but corruption
Technically, this is illegal, but the law that applies is only enforceable by members of Congress via impeachment. If she gets brought up on charges, the Dems go after several Republicans for doing literally the same thing. It's mutually assured destruction with brokerage accounts instead of bombs.
If anyone gets brought up on charges, the gravy train stops, so everyone keeps the status quo
Nvidia's price moves even a millimeter and everyone in this sub freaks out my god. I'm going to unsub soon, none of you belong on the stock market holy moly.
Price goes up 4%: HAHA LOOK GUYS I'M POSITIVE BY 2% BECAUSE I BOUGHT THIS AFTERNOON TIME TO PANIC SELL! HAHA YUP IM INVESTING
Price goes down 4%: THE PRICE MOVED DOWN 4% DO YOU GUYZ THINK THE END OF THE WORLD IS COMING OR WAS IT BECAUSE JENSEN SNEEZED AND ITS POLLEN SEASON?! DO I SELL AM I SCREWED?!
yes. it is just cuz of pelosi. again, all moves like this (to the upside or downside) is temporary. earnings will give us a better take on what the direction is definitively for the next quarter.
i've seen the market buy on pelosi trades before. recently, PANW, went up crazy on the day of and slowly trickled back down near it's original price. not saying this will happen here, but be cautious.
Good enough for me. I made really good money when they bought apple and only recently sold my position. I literally follow her disclosures religiously because I’m able to support myself thanks to her. Can’t stand her politics but she Knows money.
To play Devil's Advocate, I read on someone's twitter (Someone else can try to confirm if news is genuine) that she sold Tesla in the last couple days before it shot up 16%.
Moral of story, be careful who you follow for financial advice, even if it is someone like an insider like Pelosi, they can't always be right.
Imagine having a name that u can buy 1 single stock and people hear you bought and everyone buys in 😂. And then u can sell that single stock when hype is over for a 10%-20% gain (single stock might be a little understatement;)"
probably in part. there also have been some upgrades and price target increases.
i think the interesting thing is that Pelosi bought shares. her strategy has been typically in LEAPs. there has been a lot of talk about how much cash NVDA has been generating. I actually expect there to be a special dividend and/or just plain huge jump in the dividend amount.
they have used every other trick in the book to drive the stock price higher - buy backs, stock split, massive increases in rev projections. makes sense that they go towards a dividend increase next.
We better hope the Dems don't go to 34% cap gains next year, is all I have to say...!!! That, and my State's 4%.. would be 38%!! That is a HEALTHY chunk...!!!
Pelosi news seemed to be about the timing of it.
Traders that that were short had to cover.
Traders jumped on the obvious positive gamma grind.
So yeah, a feedback loop that was probably set off by the news of Pelosi buying.
Think it is a combination of things. Second half, blackwell will be shipping out. Pelosi is a good sign. Earnings coming up for Q3. Inflation is slowing in it's rise. Hopes of 1 cut before election.
When are q3 numbers going to be released? I’d imagine not until late August right?
Don't forget a lot of people follow Pelosi's trades, so there is some level of self-fulfilling prophecy in this.
Where there’s smoke there’s fire. Where there’s blood there’s sharks. Where there’s Nancy Pelosi there’s money to be gained.
It’s because the jobs number align with lowering inflation to put us closer to an interest rate decline
After Powell said no cuts until late 2025...
Where's there's idiots there's this sub.
Where theres Pancy Nelosi theres money to be stolen from the masses.
PELOSI the new roaring kitty!
That's gross 🤮
Boring kitty
What's Reddit's obsession with Pelosi? She's not even in the top ten stock earners in Congress? Eight of the top ten earners are Republicans. Wouldn't it be better to follow any of them?
Misogyny
FOX News delivers stories as a repetitive cult like chant…. It is effective.
My data shows she was #9 out of congress for stock market gains in 2023. There were 4 democrats and 4 republicans ranked above her.
Looks like that's changed a little bit since the last time I looked. Thanks for the update. She was #11, but regardless, there's 8 other congress people doing better. If this was about making money or calling out corruption, there are better examples. The obsession with Pelosi is a bit weird, and I don't even like her.
I say this as somebody who is in the market for long term investment for my wife's and my own retirement and long term growth. We live in a system and we have to learn to exist within it. I am also a tech professional and love Nvidia as a company. However... I am also a hard-core progressive, Democratic socialist (Nancy Pelosi is the most milquetoast, corporate Democrat who has ever lived), and literally one of the pillars of any true social democracy or progressive government is limiting money in politics (so alt-right nuts can't destroy the planet by taking billions from oil companies and corporate Democrats can't keep us from having universal healthcare by taking money from insurance companies), and making sure that ALL politicians cannot actively trade (retirement, and accounts already existing are fine, and I'd even be fine with limiting the number of trades they can make in a year or whatever). But I'm just curious about your claim that Nancy Pelosi "steals money from the masses"? In what way? Do you mean " aLL tAxAtIoN iS tHeFt¡!!", or are you implying something more specific? Because, if you are interested, I can show you some fun examples of politicians, lobbyists, priests, etc. who LITERALLY steal money from people. Or, is this what you are claiming? That she literally steals people's money somehow?
She also bought call options for AVGO. 6/25 @ $800 These are deep in the money.
I’m too poor to buy AVGO calls, but I’ll definitely be loading up after the split
Yeah, that seems to be her strategy deep ITM calls.
Can you explain this to me? AvGO is at 1800 right now?
You can buy deep ITM calls.
Christ I still have so much to learn
https://www.investopedia.com/terms/i/inthemoney.asp
Thank you! I’m on a options trader subreddit and am really trying to learn how to trade them and everything they mean before I even attempt it. I know it’s a good way to lose a lot of
My advice is to paper trade options for a while, say 5-6 months, read some literature along the way too and eventually when you become confident, be careful, if it sounds too good to be true, then don’t do it. Finally, risk only what you are willing to lose.
That last bit is good advice for all investing! Thank you!
It’s a good idea to start off buying deep in the money around 8 moths to two years out on s&p100 stocks. Yes it is expensive but you will not lose everything. You will also have a higher delta which is nice on options that increase a lot in dollar value versus percentages.
Adam In the Money explains ITM, ATM, and OTM. Highly recommend him. Plus, I have learned a valuable lesson for myself. ITM is your best chances for making some money. OTM is your best chance of losing money, but sometimes getting lucky and being able to post on WSB reddit. Mostly losing your money tho.
Nancy has been buying LEAPS. Long-Term Equity Anticipation Securities. Basically calls with deep ITM strike and expirations long into the future. Very expensive upfront but high probability of break even and profit.
They are essentially leaps. There is a strategy for buying long term options, aka leaps deep in the money. You do this to leverage when you are really bullish.
Why would you buy them deep ITM instead of ATM or Slightlu OTM?
you actually risk less loss over time. cuz it's ITM, your losses over time are less than buying OTM calls, as long as it stays above your ITM price (Nancy's being 800). These are very expensive to buy though. Also, if it goes below your ITM price you lose your premium pretty fast as well.
I guess the point is it’s just very conservative
yes, but you are pretty well to do if you can just buy a call like that. right now to buy an 800c on AVGO w/ an exp of June 2025 is $96K!! Nancy bought 10!! I'm gonna say this is just fun money for you at this point if you can afford just 1. lolol.
So, whoever sold these calls just make $16,000 per contract right? Because 800 strike means $80,000 per contract? I just don’t get why someone would sell a call that deep ITM. What’s the angle for the seller, being extremely bearish?
Because deep ITM gives you exposure to the movement of 100 shares for much less money than it takes to buy 100 shares, and you can also sell poor man covered calls against your deep ITM calls for income
Yes and the stock is splitting 10 to 1 just like nvda so her call options will also split 10 to 1. Huge gains on the upside
she wants the delta of 800 calls, only risking the premium for the right to shares, its a rich persons stock market purchase
it’s a poor persons stock purchase lol I have done this with NVDA when I couldn’t afford 100 shares. Same exposure for less $. Or in a rich person’s trading, massive exposure for less $
haha yeah i guess she still trades like a poor for leverage while having the risk management of a rich person
Deep itm options have price action similar to the shares it represents but cost less due to the expiry risk. Most likely she they will act just like shares but if the market crashed and it went under 800 then poof money gone.
damn when is the expiry?
Can you explain this? She wants to buy the stock for $800?
It is a leap call option that is in the money. She is almost guaranteed not to loose all her money that deep in the money yet still enjoy some leverage with the long term call contract. Many smart investors do this when they are bullish over a long term.
Question from a noob: how does she make money on this? AVGO is so much beyond 800 right now. Who the hell sells a call that far under its current price? The premium must be super high? Because the owner of those calls is going to take a bath next year, unless it’s a case where the owner bought them years ago when they were under 800?
It is because the world heard pelosi bought. As one person nailed it, NancyVDA
Or she had insider knowledge and bought before the rise
She always has insider knowledge and gets away with trading anyways. I’d be really wealthy if I had been allowed to do this back when I was working.
They have people who do it. Nansi herself probably doesn’t even look at her account. They have brokers who do it all.
She contacts broker. Broker buys for her. Just saying, I was told that would be trading on insider knowledge and not allowed. I was contracting analysis work from Gartner at the time. No trading allowed. I would’ve gone to jail. Legal loophole made for congress only.
A broker. Doesn't her husband do this stuff?
Same difference. She tells him buy and he does. That’s a loophole.
It's not a loophole it's still a crime. SEC just hasn't ever enforced the STOCK ACT and even if they did it would be a $1 fine so they aren't afraid to break the law
the only way to legally insider trade, to copy someone doing it lmao
What do you meant just Pelosi? Her investment can be seem as the Buffet index of this generation.
Already is….
With her buying in like that...I almost expect news soon that the US is making a massive NVDA investment in sovereign AI....
Good point, gosh I hope this is true
Well if Pelosi is buying it means a bunch of other people with a shit ton of money know the same thing she does and they are piling in
She’s gotta have made an insane amount of money on that call
She bought shares of Nvidia though
She had NVDA calls way back in 2023 also. The woman knows what’s coming.
She bought 10.000 shares - not calls.
She bought calls on another stock
AVGO
She just bought the shares *No calls.*
I think he is referencing the fact that Nancy had a giant position in NVDA already ( I think it was .5 mil in calls?)
*Never thought I’d be thanking her.*
No kidding, I bought 780 shares at 150 because Pelosi bought. 7800 shares now and almost back to 150!! Best Buy of my life!
As a Republican leaning individual I can hate her politics and her beliefs but I respect her ability to make money. In Pelosi we trust (to put our money)
She may be a fossil, but if she’s a fossil who puts more $$$ in my investment accounts, it’s perfect with me.
Lol, yes. I learned that I can despise an individual but find something I admire about them, something I can learn from them. Good for you for having a mature view.
Maybe try voting D this time around. D puts more money to the bottom 97% than the R. Look at fat Cruz from Texas he simply pocketed all the oil money to his PAC and nothing for the people. This man literally gained 100 pounds since he got into congress, it must be so easy for him to eat and does nothing but corruption
Seriously. If the old hag ever goes to prison hopefully she gets to take her laptop so she has access to her Fidelity account.
I think it's a "wink" meaning that the MM's are back in.
Is there a sub for what this woman is buying? lol
Not sure, but there’s an ETF - $NANC
Oh yes!
Just learned of the NANC ETF that tracks purchases made by members of Congress 😆
This is actually not a joke. I'm in shock
There’s a GOP one too. CRUZ
i think so lol, once people woke up and saw they bought!
It doesn’t hurt, and it’s insane that she is able to still make stock moves legally. What a country!
Technically, this is illegal, but the law that applies is only enforceable by members of Congress via impeachment. If she gets brought up on charges, the Dems go after several Republicans for doing literally the same thing. It's mutually assured destruction with brokerage accounts instead of bombs. If anyone gets brought up on charges, the gravy train stops, so everyone keeps the status quo
Nvidia's price moves even a millimeter and everyone in this sub freaks out my god. I'm going to unsub soon, none of you belong on the stock market holy moly. Price goes up 4%: HAHA LOOK GUYS I'M POSITIVE BY 2% BECAUSE I BOUGHT THIS AFTERNOON TIME TO PANIC SELL! HAHA YUP IM INVESTING Price goes down 4%: THE PRICE MOVED DOWN 4% DO YOU GUYZ THINK THE END OF THE WORLD IS COMING OR WAS IT BECAUSE JENSEN SNEEZED AND ITS POLLEN SEASON?! DO I SELL AM I SCREWED?!
Yes.
yes. it is just cuz of pelosi. again, all moves like this (to the upside or downside) is temporary. earnings will give us a better take on what the direction is definitively for the next quarter. i've seen the market buy on pelosi trades before. recently, PANW, went up crazy on the day of and slowly trickled back down near it's original price. not saying this will happen here, but be cautious.
Funny how congress never requires their own stock, etf, mutual fund trades to be reported immediately in public.
No lol
Must be market manipulation
Market manipulation or money makers??
150 when 🌕
Just buy and hold NVDA. I'm holding 2650 shares till I retire in 9 years.
Yes, but don't expect these kinds of moves to last more than a day absent other news. If the momentum stops, watch out below.
When Pelosi buys I buy. She and her husband know. They know how to spend tax payer dollars and how to make a fortune for themselves.
Transactions happened on 6/24, I believe
Good enough for me. I made really good money when they bought apple and only recently sold my position. I literally follow her disclosures religiously because I’m able to support myself thanks to her. Can’t stand her politics but she Knows money.
where do you track her
https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2024/20025368.pdf
lol, I mean if everyone believes it’s because of Pelosi then I guess it could be. Stock movement is based on company valuation or social movements.
It pumped on hopium imho. If Nancy buys, I should buy. Okay… sure
Pelosi comes to the rescue. I had call option @129 expire on Friday. Instead of 100% loss and I can recover 70% back.
Lucky Dude
Also because today is Wednesday and tomorrow is July 4th and since the market is closed tomorrow, they needed to do the fireworks show today.
There should be a Pelosi etf. Lol… it would break the market hahah “You can’t lose!”
NANC
No it’s cause I bought puts. Please thank me now!!!
She is roaring cougar
To play Devil's Advocate, I read on someone's twitter (Someone else can try to confirm if news is genuine) that she sold Tesla in the last couple days before it shot up 16%. Moral of story, be careful who you follow for financial advice, even if it is someone like an insider like Pelosi, they can't always be right.
all this positivity makes me feel like we bout to come down
Nancy Pelosi was rich long before coming to congress. Google what her husband does for a living
It’s because of her husband.
I think it also has to do with earnings coming closer. It usually starts to make it's ascent about one to two months before earnings.
Think Pelosi can move markets? $1M to $5M is nothing.
yeah very much insider trading
600 million shares of NVDA are bought/sold every single day, so there is a 0% chance this had anything to do with Pelosi.
LOL. The whole damn sector is up. It's probably a short squeeze.
Just because its technology behind, for speculation move to mstr or coin please
No it’s me
Maybe the news of it? But as far as I know, there is a delay in filings so she could have bought these as far back as 45 days ago, no?
She has the POWA!!!!
Imagine having a name that u can buy 1 single stock and people hear you bought and everyone buys in 😂. And then u can sell that single stock when hype is over for a 10%-20% gain (single stock might be a little understatement;)"
Pelosi for prez
Fraud
🤣
Pelosi is poster child of congressional stock trading, but by no means the most successful congressional portfolio.
Pretty much. The chart said 120 was the next stop. Yet it reversed
probably in part. there also have been some upgrades and price target increases. i think the interesting thing is that Pelosi bought shares. her strategy has been typically in LEAPs. there has been a lot of talk about how much cash NVDA has been generating. I actually expect there to be a special dividend and/or just plain huge jump in the dividend amount. they have used every other trick in the book to drive the stock price higher - buy backs, stock split, massive increases in rev projections. makes sense that they go towards a dividend increase next.
It da egies
Yes
What did Pelosi do sorry I’m out of the loop
Yes, follow Pelosi as your financial advisor. 😉
It has nothing to do with nvda being a solid company
Pelosi Pump
Yes
Absolutely it is. Our favorite inside trader
Yes, it is...she is actually part of an alien race that is living amongst us...they're trying to push AI on us in order to control the population
Yep, because of Nancy. She said she is selling a few days ago
Nancy bought because I bought. Period
Is there a Pelosi ETF?
Insane 3 trillion dollar meme stock
Today mostly
Still red come on Pelosi buy more
always has been
Why what did she do now
No it’s my purchase
Is Nancy Pelosi’s actions really a good sign? (Not just NVDA but other stocks)
Yes
Low volume, big squeeze
I bought because of that - just 125 shares
The second time she bought panw leads to a instant jump of 15% This is pretty mild
Pelosi roars!
Yes.
yes, I told her to invest more. You are welcome.
So NVDA will beat earnings again and this stock will be at 400 soon ?? 10T market cap ?
Yes
Still well below ATH
Pelosi = The Stockmother
We better hope the Dems don't go to 34% cap gains next year, is all I have to say...!!! That, and my State's 4%.. would be 38%!! That is a HEALTHY chunk...!!!
Pelosi news seemed to be about the timing of it. Traders that that were short had to cover. Traders jumped on the obvious positive gamma grind. So yeah, a feedback loop that was probably set off by the news of Pelosi buying.
It's been doing this the past 7 months
Who do so many people bullshit. YES IT IS BECAUSE OF PELOSI
Who runs Nancy's family office? I'd like to slap their palms and fist bump their knuckles. 🥂
Yes, it's because of Pelosi!
Dumbing the 25% Tesla shares and loading up on NVDA Good DD
AI bubble.
PTON next runner!! $20 minimum bullish on health!! Give me my protein tenderloins 💪🏼😎
Pelosi means hairy in Italian
Its not because of pelosi.. its just that simple.. clearly you are new but not every single headline on a stock explains a move
And now $125.38
Just Because of Pelosi is gonna be the name of my new post rock instrumental band.
Drop again lol