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My cost base of Nvidia is $1 so for me to lose is that Nvidia gets back to way before COVID valuation. Nvidia is more worth than $1 per share on gaming alone.
by Jlagreen 1y ago
My cost base of Nvidia is $1 so for me to lose is that Nvidia gets back to way before COVID valuation.
Nvidia is more worth than $1 per share on gaming alone.
- SecretDreams 1y agoTotally fair. If you've got a great cost basis, you can stress less. The question then becomes what feels worse: Watching a position you sold double or watching a position you're holding get cut in half?
- Jlagreen 1y agoThere is one answer to this question which is called options. Selling short term OTM CCs with half of premium being used to buy ITM Calls (1/3 protection of the CC), OTM Calls (protection against gap up) and longterm OTM Puts (earn money when Nvidia nose dives).
- ifwinterco 1y agoThere is no free money from option selling, you are taking some form of directional risk whether you realise it or not
- dehrmann 1y agoThis looks like the house money effect. It's sort of a corollary to the sunk cost fallacy.