Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $500.00 short put and a strike $490.00 long put offers a potential 38.89% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $500.00 by expiration. The full premium credit of $2.80 would be kept by the premium seller. The risk of $7.20 would be incurred if the stock dropped below the $490.00 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 75.38 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
Top Stocks for September 2020
Wed, 26 Aug 2020 19:28:32 +0000
The S&P 500 Index is a market-capitalization-weighted index of the 500 largest publicly traded companies in the U.S. It is widely regarded as the best gauge of large-cap U.S. equities. Some of the largest companies in the index include Microsoft Corp.
Nvidia Sees a Networking Future. Customers Want Its Videogame Chips.
Wed, 26 Aug 2020 18:47:00 +0000
Nvidia is dominating the market for videogame graphics-processing units over rival Advanced Micro Devices.
NVIDIA Corporation (NVDA) Is Still Very Popular Among Hedge Funds
Wed, 26 Aug 2020 16:35:14 +0000
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
NVIDIA CEO: This May Be One of the Best Gaming Seasons Ever
Wed, 26 Aug 2020 12:14:00 +0000
The pandemic boosted sales of gaming laptops, but a strong slate of new games this holiday could cause another wave of strong demand.
Top Tech Stocks for September 2020
Tue, 25 Aug 2020 19:08:56 +0000
These are the tech stocks with the best value, fastest growth, and most momentum for September 2020.
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