
$NVIDIA(NVDA.US) It's really surprising that it could drop to 175 tonight. I thought after yesterday's big drop, there would be a small rebound to stabilize at 181.5 today. The shorts could wipe out the 185 calls without much effort. The longs, on the other hand, put up no resistance at all. The large number of 180 puts bought during Oracle's crash yesterday caused heavy losses for the longs. Today's crash is unusual—what does Google's chain crash have to do with NVIDIA? Why is it worse than Google? Although NVIDIA's trend has turned bad, it shouldn't just keep falling back to 160. There's still a chance to break even below 185. Micron's earnings report might have triggered a rally for NVIDIA. After breaking even, just exit without hesitation. This stock is now easy to lose money on and hard to make money from. Choices matter more than effort.
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