$NVIDIA Corp(NVDA)$ Option trader? One thing is for sure on this week's NVDA options. Either they wipe out the $500 put or the $500 call. However, a flatline at $500 and wipe em BOTH out is possible. Any 4pm Friday close between 499.80 and $500.20 just about wipes em both out. Pay close attention to the bulkier option trades 500-1500 contracts or more for clues on up/down direction. You should see a range up to $520 on the stock then a pullback. If they slam it from there, it's going to end up back to $500. Chicago loves to wipe your calls out, then pump the stock next week making you feel like a total fool. See it all the time here. Start a Monday with a contract $20 in the money, by Friday it's worthless! Stay out of the near term traps. Buy time! Good luck.
US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments