Buying the RGTI Dip? Stop. Think.

[u/fksakeisaidnobabe]

People hyping up the dip on RGTI seem to be ignoring the elephant in the room: a single, casual comment about quantum computing from a tech CEO wiped out 50% of RGTI's share price overnight. Let that sink in for a second... half the market cap gone, not because of earnings, not because of product failures, but because of words.

Now ask yourself: what does that say about what was propping up the $18+ price? Spoiler: It wasn’t the underlying financials or fundamentals.

So why are you buying back in? Are you seriously betting that Jensen walks back his comment? Or are you hoping another big-name CEO decides to contradict him just to boost this stock? Because that's a pretty wild gamble when you think about it.

This isn’t about a calculated investment anymore... it’s about FOMO and denial. Some of you don’t seem to want your money. Just remember, markets can stay irrational a lot longer than your wallet can.

TL;DR: Be real with yourself before buying the RGTI dip. Is this a strategic play, or are you just coping?

Edit#1 for clarification:

Clearly a divisive topic. Appreciate you all engaging and thanks for the award.

I’m seeing a lot of replies suggesting I’m bearish on quantum’s long-term potential. For clarity, I’m not. My point is that even at this dip, RGTI’s price doesn’t reflect its fundamentals or actual progress. If you believe in RGTI’s future, that’s fine... but why not wait for a price that matches its current reality?

If your plan is to time and profit off a dead cat bounce, great. Just be clear on your strategy.

Edit#2 for context some are missing:

For the multitude of comments claiming this was a ploy by Jensen to slow-roll Quantum investments... under Huang's leadership, NVIDIA has established strategic partnerships with multiple quantum computing entities, contributing significantly to the progress of quantum technologies through its high-performance computing solutions. He has skin in the game.

[u/banditcleaner2]

fuck covered calls, sell your shares. this dumpster fire was $1 just a month and a half ago. and even post-dip its still like $10.

you cant wheel your way out of a 20x stock. calls will get eviscerated but so will your shares.

its not worth it. you don't wheel stocks that moon like this

[u/ExtremeEffective106 → u/banditcleaner2]

“Will”

[u/ImpossibleWar3757 → u/banditcleaner2]

Why would I sell my shares if they’re free. I’ll sell covered calls and move on to something else If it goes to zero here in the next year or two. So what.
Let it sit It has high implied volatility meaning I can collect irrationally high premiums for the shares

[u/Significant-Career59 → u/ImpossibleWar3757]

u'd make more money by not losing money. a penny saved is a penny earned. otherwise you'll be selling calls all year and get called away before u can cover ur share cost. and opportunityy cost of holding dogshit

[u/ImpossibleWar3757 → u/Significant-Career59]

1. Well what are the chances of a call get assigned?
2. What is the chances of an out of the money call getting assigned?
3. Have you heard of rolling options?
4. What influences the chances of a call getting assigned?
5. Opportunity cost of what?
   Why would you buy and sell?

Keep the shares. Sell covered calls. Do everything to reduce the chances of them getting assigned.

That’s how you safely capitalize on the implied volatility

[u/Significant-Career59 → u/ImpossibleWar3757]

did u see any of the EV stocks or battery stocks or LIDAR stocks during covid? same thing. they'll grind down with some spikes up here and there. u'll sell expensive calls and then sell cheaper calls and eventaully there'll be a spike that hits ur OTM call that u sold for too cheap. (if u are disciplined enough to wheel this). sure u can "roll", but there's no free lunch, ur just trading time (longer expiration) for money (locking up ur position and cant buy anything else).

opportunity cost is key. who knows what's gonna pop off next? u didnt' even hear about quantum until a few months ago. are u gonna miss the next quantum?? maybe space stocks pop off more, bitcoin reserve is established and bitcoin moons, maybe openAI finishes AGI and IPOs... idk

[u/ImpossibleWar3757 → u/Significant-Career59]

Yeah I’m not chasing like that.
You don’t have to roll to out of the money It’s very rare you get assigned on calls that don’t have dividends.

I get what you mean. Say I’m selling covered calls and I got the shares at $8. Well it goes down to 1-3/share. I sell covered calls now it pops to 5-6. And my calls are all in the money and at risk of getting assigned and the only way to get them out of the money is to roll them out….. way out and up.
My argument is you don’t necessarily have to roll the option to an out of the money you can keep it in the money to a certain degree The reason I open covered calls in the first place was the hedge my position . So now that I’ve collected since it’s went back down I’m basically already in the green anything I get from here as a plus Why get rid of the shares if they’re basically free? Quantum’s gonna be useful one day maybe not necessarily this particular company but what if they are am I gonna be that idiot that wish I would’ve held onto them couple hundred free shares I had back in the day because I was chasing the next big thing