$NVDA
This week, $NVDA$ closed in the ~$170–185 range, and price is likely to keep swinging roughly between $160–190 next week.
Institutions are still actively selling the $185–190 calls ($NVDA 20251205 190.0 CALL$ ) as a hedge, which makes a clean breakout above that zone harder in the short term.
On the downside, the $160 puts ($NVDA 20251205 160.0 PUT$ ) saw around 29k new contracts, hinting that markets are starting to accept a lower support area. Heavy put opening for next week’s expiry also signals expectations of a pullback – which could turn into a potential volatility-selling setup. If that scenario plays out, short-dated cash-secured puts may be worth considering.
$SPY$
$SPY$ finished the week above 680 and is likely to probe the 690 area next week before any meaningful pullback and consolidation. Recent put flows suggest traders are positioning for a post-FOMC dip rather than a straight-line melt-up.
$GOOGL$
Fresh call and put openings show that near-term strength in $GOOGL$ is still intact, but it’s getting less attractive to chase after the recent run. A more conservative angle could be selling downside puts around the $300 level ($GOOGL 20251205 300.0 PUT$ ) instead of piling into aggressive upside bets.
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