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Position: NVDA $265x10 Call Feb18
Earnings date: Feb 16
Alright, here's a play even the most dim witted of you can follow. If any of you have been paying any attention to the GPU and graphics cards market you'd have realized one thing by now. You're shit out of luck if you want to buy a graphics card in the current market - they've been sold out for quite a while now and if you want to buy 1 then be ready to shell out $3k-$4k.. There's even a Japanese retailer selling these babies, the RTX 3090 Ti for a whopping $5500. That's right, let that sink in. These bad boys are selling for 3x the MSRP and NVIDIA is set to launch the GeForce RTX 3090 Ti, you guessed it, right before earnings. Source:https://www.tomshardware.com/news/european-pricing-emerges-rtx-3090-ti
Moreover, there had been a severe shortage of GPUs and graphics cards over the past year thanks to the Zuck buying a bunch from NVIDIA for his little VR porn project. Coupled with the fact that virgin gamers around the world are ravenous to get their hands on one of these bad boys when the new lot is out guarantees it will be sold out instantly.
Don't believe me? Okay believe the smart money then: One of the world's largest public pensions by assets made major changes in its investments in large-cap tech stocks as 2021 came to a close. PGGM of Zeist, Netherlands, cut investments in Apple , Intel(INTC), and Qualcomm (QCOM) stock in the fourth quarter, and initiated a position in Nvidia (NVDA) stock.
I would like to end this by saying this is the real world and although NVDA has beat expected earnings 5 years in a row, anything can happen and I do not want to be responsible for any of you having to drink your piss to survive, but if there was a play to bet the house on, this would be it.