To The Moon

$NVDA$

For the first time in nine months, NVDA looks ready to break into a new range. We're now in the phase of testing the upper bound — expectations point to 225–235. Given NVDA's massive market cap, a 10–20% surge isn't exactly typical. That makes selling puts a more comfortable way to chase the move. The strike depends on your risk tolerance.

$AMD$

AMD should hit 400 this year. Pullbacks are good entry points. Right now, the bears are targeting the 5-day moving average at 310 and the gap at 300.

If this were last year's market, I'd say AMD would either rally into earnings or hold 330 in a tight range, then pull back post-print — a perfect entry opportunity.

But after Intel's earnings, those old rules may not apply. That said, Friday's jump likely priced in much of the upside. So the post-earnings move — up or down — may be limited. Even at current highs, selling puts remains viable. Consider $AMD 20260501 300.0 PUT$ . Same goes for ARM — also a sell-put candidate right now.

Now, a cautionary tale: the 600 call $AMD 20260618 600.0 CALL$  looks flashy — selling at peak vol and price. But it's actually a distress trade. The trader originally sold the 450 call $AMD 20260618 450.0 CALL$ , which briefly dropped to 0.10 — only to get blown out. To recover, they sold three times as many 600 calls.

Lesson: Don't wait until expiry. Close the trade while you still can. The longer you wait, the more that can go wrong.

$GOOGL$

A call spread printing at 385–410 suggests some are betting on a 10% post-earnings move. For a $4T company, that's wild. But think of it this way: tokens are the new currency, and cloud giants are the new central banks. That vault is just starting to be filled.

$GOOGL 20260508 385.0 CALL$ 
$GOOGL 20260508 400.0 CALL$ 

Will Google hit 400 this year? Almost certainly. Will it happen overnight on earnings? Unlikely. Selling puts remains a safe play. $GOOGL 20260501 330.0 PUT$ .

$AMZN$

Same story as Google. Selling puts is the clean move here. $AMZN 20260501 240.0 PUT$ .