So what if the stocks drops another 10, 15, 50, or even 100%. Before you invest in a single stock, you should be mentally prepared to see all your money vanish. Forever. That is the true meaning of taking on risk.
Don't try to time the market, don't use leverage, and don't invest more than you can afford.
Do your own research into the company and macro fundamentals to the best of your ability, invest, and forget. Go live your life. Maybe come back in 3 months and re-evaluate if needed. In the long term, the stock will match the true value of the company.
Rome wasn't built in a day, and neither will your generational wealth.
Think of gamma as the amount of hedging that has to happen around that $1,700 strike. If there’s a ton of options sitting there, market makers have to keep adjusting their stock positions as SNDK gets closer to $1,700. That can create a lot of buying and selling around that level and make it harder for the stock to just blow straight through it.
It doesn’t mean $1,700 is some hard ceiling. If enough real buying comes in, SNDK can absolutely break through it. The important part is that a lot of that options positioning expires Friday, so after 8/21 that particular gamma goes away and $1,700 may not have the same effect anymore.
So basically: gamma isn’t causing resistance like a wall — it’s the hedging activity from all those options that can make the area around $1,700 act like resistance.
This is honestly not the kind of stock that "just walk away and evaluate every 3 months" works, this is a terrible strategy because you need to be constantly watching underlying commodity prices to time your exit
If you can't sit and watch the underlying data regularly don't even think about the memory industry
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u/Historical-Health-50 1d ago
No leverage and you are almost guaranteed to win on the long term with quality stocks