Pure luck. I bought NOK (Nokia) call options expiring Jan 16, 2026 at 7, 8 and 10 strikes. They cost me from $1.66 to $4.66 per 100 share contract. Really just a lotto ticket since NOK was about $5 a share at the beginning of October, 2025. Nokia popped to $6 when they reported earnings on 10/23. Then on 10/28 NVDA (Nvidia) announced they were investing $1 Billion in NOK.
I ended up selling the 100 share option contracts from $40 to $160 , a gain from 830% to 7390%. In only 1-2 months since buying them.
Am I brilliant? .No, just pure luck.
I'm hoping luck will strike twice and that NVDA will make an investment in BB (Blackberry) since I also have BB call options. 😎
In any event, I am quitting buying options on individual stocks the rest of 2025. I don't want to lose the gains I made on Wednesday, especially after the hit several stocks, such as META and MSFT took on yesterday.
This is not financial nor investment advice. Please consult a professional advisor.
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