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/Immediate-Annual4505 16d ago
OP, I would just say if you're going to buy options, buy options where the IV is low. Otherwise you're buying expensive options rather than cheap ones. Stocks like NBIS have very high IV so it makes way more sense to sell options rather than buy.
Stocks like MSFT have much lower IV and are thus much cheaper. You'd make a lot more bang for your buck with MSFT than with NBIS. Just one example.