🚨 A ridiculous $56,000,000 bet was just placed on Starlink supplier STMicroelectronics to move +40% in the next 4 months.
STMicroelectronics is the primary chip manufacturer for Starlink, having shipped more than 5 billion RF antenna chips to SpaceX to date.
With the historic SpaceX IPO right around the corner, someone dropped $56M on OTM $100 strike calls on $STM expiring in October.
The stock currently trades at $70/share.
$NVDA dip buyers should be out of money soon
My guess is we see one more big down day for $NVDA and that is the dip you buy
If we see 110-115 next week it will be a good level to add calls
soon.exe
BREAKING: Apple Just Rejected President Donald Trump's executive order on DEI.
Apple is sticking to their DEI policies.
Apple said its DEI efforts are vital to fostering a “culture of belonging”
You had your chance to buy the dip on $NVDA at 116 and 120 today. In one year this company can trade above $200. The next best entry will be around $127 this week. If there's a positive reaction to FOMC+ Tech earnings on Wednesday, watch how fast this runs to 140 📈
Buy when everyone is fearful. That is the name of the game.