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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. Sajan

    Sajan Member

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    https://www.axios.com/2025/09/10/larry-ellison-net-worth-oracle-stock

    Larry Ellison has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed.
    Why it matters: The 81-year-old Oracle chairman was No. 2 as of Tuesday, having built his wealth over the course of the last five decades with the rise of his software company.
    Driving the news: Ellison's net worth totaled $393 billion as of 10:10am Wednesday, putting him ahead of Musk at $385 billion, according to the Bloomberg Billionaires Index.

    https://www.bloomberg.com/billionaires/
     
  2. adoo

    adoo Member

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    on July 27
    on late Aug expiration, NVDA closed ~~ 178, the 2 spreads i sold became worthless.
    so i got to keep all the premium collected


    trading, post ERS, was volatile; since then it has consolidated ready for another ERS run, on Nov 19,
    w the expected Fed cut as the tail wind,

    based on my TA, i think it will trade around 200

    when NVDA was trading ~~ 178, constructed this 20-point bullish PUT spread, using nov 21 expiration
    • buy to open 170 strike PUT
    • sell to open 190 strike PIT
      • collected a premium of $10.08 in advance which defines my potential max risk of $9.92
        • willing to assume a max potential liability of $9.92 to win $10.08

    in 71 days, should NVDA trade above $190, i get to keep all the premium collected
     
    #20702 adoo, Sep 11, 2025 at 9:13 AM
    Last edited: Sep 11, 2025 at 9:19 AM

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