Prices are post June 2024, 10-1 stock-split.
1,000🏅 Top traders
| # | Trader | Total profit |
|---|---|---|
| 1 | Ṁ2,930 | |
| 2 | Ṁ2,333 | |
| 3 | Ṁ2,294 | |
| 4 | Ṁ738 | |
| 5 | Ṁ677 |
if you think this market is accurate at $160, you can buy American-style options on NVDA (on NASDAQ) that expire in January 2026 with a premium of ~$20 and breakeven price of ~$140 which doubles your money by exercising it when it hits $160. Though you do need to pay ~$2,000 for the option because it's sold in blocks of 100 shares.
It's actually even better because you can exercise American-style options any time before January 16th, so it just needs to hit $160 once.
@bohaska The American-style option doesn't make it any better, I don't think. It's more likely to hit $160 once than to be above $160 at the end of the year, but it doesn't change your expected profit if you say "i'll exercise when it hits $160" vs "i'll hold until the end of the year" because the cases where it doesn't hit $160 are pretty bad for you