Posted by DigiNomad on 10th of Jun 2024 at 11:57 am
NVDA just had a 120 billion dollar market cap swing in 90
minutes - that's some pretty serious action considering this quiet
market. It's really just insane...but it's 2024 and
derivatives rule their underlyings now which allows people with
small accounts to control very large amounts of notional
value.
The option degeneracy .... Draftkings on steroids ,...
like any big casino venues .... they all have some form of
entertainment tied to it beside gambling ... lol
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It's monday ... I'll cut
Posted by mla127 on 10th of Jun 2024 at 11:51 am
It's monday ... I'll cut the algos some slack today ... but they need to get back to work ... we need at least one or two ATH this week ...
NVDA just had a 120
Posted by DigiNomad on 10th of Jun 2024 at 11:57 am
NVDA just had a 120 billion dollar market cap swing in 90 minutes - that's some pretty serious action considering this quiet market. It's really just insane...but it's 2024 and derivatives rule their underlyings now which allows people with small accounts to control very large amounts of notional value.
The option degeneracy .... Draftkings
Posted by mla127 on 10th of Jun 2024 at 12:04 pm
The option degeneracy .... Draftkings on steroids ,... like any big casino venues .... they all have some form of entertainment tied to it beside gambling ... lol