$NVIDIA(NVDA)$ is already too expensive on PE terms. It’s fundamentals are not in sync with its valuation, just like $Palantir Technologies Inc.(PLTR)$ but shareholders are caught up in aggressive buying out of FOMO and lack of fundamental knowledge.

Replying to @TheStrategist: wrong//@TheStrategist:Powell is going to nicely drop the market in Jackson hole tonight 🤪🤪🤪

As a long term investor no need to worry. But as a trader and if this is a confirmed pattern then a call to take advantage of the dip can be taken!

It's finally here, the big wolf which pundits have been crying hoarse about, ie the fall of the market. $NVIDIA(NVDA)$  $Palantir Technologies Inc.(PLTR)$  and$Strategy(MSTR)$  led the charge downwards  If things go as they are, all these were highly overvalued and this was bound to happen, the only question was if it will be gradual breakdown or a sudden one. The drop yesterday was a sudden one, but it is not the last. There will be more coming. My own strategy to to wait and watch till Friday. However I have charted best entry prices for each of these, and they are still quite far away, but two more drops like yesterday and we will

I closed 3 lot(s) $VIX 20250820 27.0 CALL$  ,Close to release margin

Points

$Apple(AAPL)$  points 

On the flip side there are many pros who fail. Most index funds do not beat the index. So selective data about a few managers who are physically fit I find the correlation non existent

I closed 2 lot(s) $SQQQ 20250815 22.0 CALL$  ,Expiry

I closed 3 lot(s) $OXY 20250815 41.5 PUT$  ,Expiry 

$Bullish(BLSH)$ has nothing to show and operates on losses, yet the hype of crypto ownership is boosting the stock. Once there is more competition in the space then we will know the wheat from the chaff

I closed 1 lot(s) $SMCI 20250815 49.5 PUT$  ,Had to close this as it had crossed the strike and I was making losses. I do t like sleepless nights on Friday settlement days and absorb losses before Friday

I closed 2 lot(s) $PLTR 20250815 160.0 CALL$  ,Sharing to show there are big losses to be made too. My loss sizes are bigger than my win sizes, significantly larger. But the win % is more at close to 70-75%. This is the way options work, you can't win all trades. The aim is to make average loss lower and gain higher or increase the win rate. In fact I am still net is a loss position from options alone and still trying to close the gap.

I closed 1.0 unit(s) $PLTR DIAGONAL 250815/250829 PUT 105.0/PUT 157.5$  ,Rolling up and later for more premium. Hope the levels last.

I closed 1.0 unit(s) $TSLA DIAGONAL 250815/250829 PUT 170.0/PUT 250.0$  ,Rolling and up for more premium

I closed 1.0 unit(s) $TSLA CALENDAR 250829/250815 PUT 260.0/PUT 260.0$  ,Rolling for more premium 

I opened 1 lot(s) $ADBE 20250815 320.0 PUT$  ,Opportunistic put with 3 DTE

I closed 1.0 unit(s) $CRWD DIAGONAL 250815/250829 CALL 550.0/CALL 530.0$  ,Rolling down further into future

I closed 1.0 unit(s) $RIVN CALENDAR 250815/251017 PUT 10.0/PUT 10.0$  ,Rolling down at a cost I am comfortable to buy

I opened 4.0 share(s) $Salesforce.com(CRM)$  ,Small level but for long time DCA