Apr. 29 at 1:56 PM
Just an fyi but since I see a lot of comments on the boards of mega caps like
$NVDA and
$AMZN that people want to play options but the premiums are too expensive, consider buying inverse contracts using the directional ETFs instead. They’re often cheaper
For example, If you don’t want to risk as much, instead of something like Amazon puts, consider calls on
$AMZD ( the bear x 1 etf that follows Amazon). % wise you will largely get the same gains on it, but premiums are much lower due to share price. Same concept with something like
$NVDD instead of puts on regular nvda, much cheaper to call calls on nvdd.
This concept will help a lot of people with smaller ports get in on the action with less damage if calls go wrong
