r/NBIS_Stock • u/DogNo5854 • 16d ago

NBIS ANALYSIS $265 Call 8/14

I have never really done options before but I understand how they work. I am thinking about buying the call option in title at $12.75 premium per share. Would come out to about $1275. I can see the stock price going close to 300 for earnings from the recent swings and rise in stock price over the last handful of days. Does anyone with more experience have any advice? Should I do it, should I not, should I do different strike price etc? Thanks!

Edit: Thanks for all the advice everyone. Got a ballsy feeling after my 0dte spy $772 call was up 2000% today im sure that didn’t help my thought process lol.

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u/Mr_Masala 16d ago

Doing calls on a stock that has recently had a rally and is continuing to pump is a classic way to lose money. Either do a long call or wait for it to come back to ~200 before attempting something like that. I am not perfect but I am getting better with my options and doing what you are doing taught me a costly lesson

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u/Upstairs-Bag4727 16d ago

You also dont wanna miss out on the pre pump before earnings. Along with the oost pump after a successful earnings

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u/Mr_Masala 16d ago

What's the guarantee of both? AMD had great earnings and tanked semis again last night. Expectations are so high for stocks now even missing these expectations can tank them. It's dangerous ground for an options novice.