Trade Idea for Today
Market remains volatile with tech sentiment shaky after recent institutional sell-downs. A clean setup today is a short-term NVDA straddle to capture a sharp move in either direction. Buy an ATM call and ATM put (same weekly expiry). Exit once one side pays. Ideal when the stock is coiling and IV is elevated but not extreme. Risk is IV crush if NVDA stays flat.
If you prefer equities, DBS/OCBC look positioned for a short rebound after recent weakness driven more by macro fear than fundamentals. Tight stop below yesterday’s low.
For HK, Xpeng remains strong as the market leans into its AI-EV narrative; buy dips if momentum holds.
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