$NVDA Option Play | Earnings Continuation?

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NVDA Technical Analysis & This Week's Option Play


Will NVDA hit $430?

NVDA Headlines:
  • Chip stocks in focus, as NVDA surpasses INTC
  • Nvidia gets Street-high price target on console catalyst


The Play:
- If we can hold this channel support expect to see $430-$435 within the next 2 weeks. We're looking to play the continuation into earnings.

NVDA $435 7/17 @ $300-350 per contract

or
NVDA $435 Call 7/24 @ $750-$800 per contract

If you can afford it, I personally prefer the 7/24 contract.


Do not trade this
DotcomJack
Not
This will provide a nice play this week
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Chart PatternsEarningseasylooteasylootoptionseasyloottradingNVDAnvdacallnvdaearningsnvdalongTrend Analysis

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