May. 10 at 6:41 PM
$SPY The "NVIDIA Strike Price" Logic
The
$77 target isn't a random number.
The
$70 Anchor: NVIDIA’s warrant to buy 30 million shares is set at
$70. If the stock stays below
$70, NVIDIA’s "right to buy" is worthless.
The
$77 Buffer: By setting a
$77 target, Cantor is signaling to the market that the stock must trade above NVIDIA's entry point for the deal to make sense. It’s a psychological "pump" designed to ensure that NVIDIA’s investment stays "in the money."
$NVDA $IREN $NMRK
