$NVIDIA(NVDA.US) In the short term, the current position doesn't have much downside potential. If it drops from 143 to around 138-140, there will be support again. For short sellers, there's no meat to eat, and for long buyers, it's just not worth the effort.

From the perspective of market makers, sideways trading or a slow pullback is the most suitable scenario. The next best option is to push it up directly and then drop it after the election or earnings report. This way, they can first feast on the longs and then on the shorts. Market makers want it all!

As for retail investors, if they choose to jump in now, whether with options or the underlying stock, they'll be killed by time decay, whether it's puts or calls. Betting on a one-sided move in the short term might yield profits, but the risk-reward ratio is quite high. The situation is unclear. Personally, I expect a deep pullback within the next 3 months to pave the way for healthier gains later, but it's not yet time to load up on puts—at least not until next week or the week after the election.

Lately, I've been spending more time staring at the charts, probably because trading has become significantly harder. It's hard to let go mentally, yet the picture remains blurry. After breaking through previous highs, every step is uncharted territory. Recently, it's been about quick in-and-out trades, just scraping by.