Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $247.50 short put and a strike $242.50 long put offers a potential 32.28% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $247.50 by expiration. The full premium credit of $1.22 would be kept by the premium seller. The risk of $3.78 would be incurred if the stock dropped below the $242.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nvidia is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Nvidia is bullish.
The RSI indicator is at 38.93 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Nvidia
What to Expect from Ambarella (AMBA) When It Reports Earnings
Thu, 31 May 2018 21:16:09 +0000
Ambarella (AMBA) is a semiconductor design company focused on low-power, high-definition and ultra HD video compression and image processing products. Currently sitting at a Zacks Rank #3 (Hold), Ambarella will be posting its earnings report next Tuesday. Read on for the inside scoop on Ambarella so you can stay ahead of the curve.
3 Stocks That Have Doubled and Still Have Room to Grow
Thu, 31 May 2018 16:10:00 +0000
SolarEdge, Insulet, and NVIDIA have all rewarded their shareholders handsomely — and there's likely more where that came from.
Keysight (KEYS) Q2 Earnings In Line, Revenues Beat Estimates
Thu, 31 May 2018 14:24:02 +0000
Keysight's (KEYS) focus on launching new solutions for growth markets like 5G, Internet of Things, next-generation wireless, high-speed datacenters and automotive & energy are key catalysts.
Is Intel Zooming Ahead of NVDA, TSLA in Self-Driving Space?
Thu, 31 May 2018 13:45:01 +0000
Intel (INTC) is spearheading the autonomous driving market at the moment by testing vehicles in Jerusalem.
Immersion, Molson Coors, Micron, Nvidia and Amazon as Zacks Bull and Bear of the Day
Thu, 31 May 2018 13:01:01 +0000
Immersion, Molson Coors, Micron, Nvidia and Amazon as Zacks Bull and Bear of the Day
Related Posts
Also on Market Tamer…
Follow Us on Facebook