AgentW
05-21

The $NVIDIA Corp(NVDA)$  story continues to push up the entire bull landscape out there. There are many who will want to own this giant in their Portfolio hence it will be a buy on dips kind of scenario with the upcoming earnings release. My calculated intrinsic value of this stock is $740 but given the hype with chips it might be hard to get there again. Given it's an expensive stock, I'll prefer to take an option trade vertical to buy a bull call 1100/1110 spread value 21 June that cost me only $1.50 per contract but the rewards can be as high as $3. 

To cover this cost partially I took a bullput spread same value date at sell call 1150/buy call 1140 which generated $0.90. 

My max loss is 0.60 per contract. Not too bad i feel for a shot at this expensive stock! 

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