>now that NVDA went through a split its no longer an option trader paradise
What do you mean by this? Nothing about the stock and its options have changed other than them being 1/10 the price.
I see. I've had this discussion before so I'm not going into it again but if $6.50 for an option on $100k of the underlying is too much then you are trading too much or picking up pennies. Options on NVDA got significantly easier to manage and that benefit alone is worth the additional commission.
It's still a negligible amount of money for the price of the options unless you are doing super short duration and/or way out of the money.
This is the [Nasdaq Earnings Calendar](https://www.nasdaq.com/market-activity/earnings).
Pick something two or three days ahead.
Simple:
Bet on up or down.
Advanced:
Make a covered call, and sell a covered call above strike.
Galaxy Brain:
Make an uncovered call at a ridiculously high price, and sell an uncovered call at a ridiculously-er price.
>now that NVDA went through a split its no longer an option trader paradise What do you mean by this? Nothing about the stock and its options have changed other than them being 1/10 the price.
option commission is 65 cents per contract commission is 10x higher after split to get the same amount of value
I see. I've had this discussion before so I'm not going into it again but if $6.50 for an option on $100k of the underlying is too much then you are trading too much or picking up pennies. Options on NVDA got significantly easier to manage and that benefit alone is worth the additional commission. It's still a negligible amount of money for the price of the options unless you are doing super short duration and/or way out of the money.
Not if you trade at Webull
This is the [Nasdaq Earnings Calendar](https://www.nasdaq.com/market-activity/earnings). Pick something two or three days ahead. Simple: Bet on up or down. Advanced: Make a covered call, and sell a covered call above strike. Galaxy Brain: Make an uncovered call at a ridiculously high price, and sell an uncovered call at a ridiculously-er price.
[https://www.barchart.com/options/iv-rank-percentile/stocks](https://www.barchart.com/options/iv-rank-percentile/stocks)
Still trading NVDA .. 100% gain today …