Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $190.00 short put and a strike $180.00 long put offers a potential 41.84% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $2.95 would be kept by the premium seller. The risk of $7.05 would be incurred if the stock dropped below the $180.00 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 above 80 which suggests that the stock is in overbought territory.
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
Tech Titans Are Breaking Out, And Then This Happens; S&P 500 Futures
Mon, 23 Oct 2017 04:01:56 +0000
Many recent breakouts, such as Apple, Facebook, Google parent Alphabet and Alibaba, have acted like beached whales, clearing buy points but then going nowhere.
Did Intel Just Fire a Shot Across the Bow of AMD and NVIDIA?
Sun, 22 Oct 2017 21:00:00 +0000
Intel is clearly targeting the gaming market with its latest CPU, but is this more smoke than fire?
3 Reasons to Stay Away From Qualcomm
Sun, 22 Oct 2017 18:42:00 +0000
The Apple lawsuit, the protracted NXP acquisition, and challenges in emerging technology trends could knock Qualcomm lower.
NVIDIA's Data Center Business Is Set for Growth in China
Sun, 22 Oct 2017 16:43:00 +0000
The world's largest tech companies are building massive data centers in China, and NVIDIA has solid relationships with the key players.
AMD earnings: New products and crypto-related sales are key to quarter
Sun, 22 Oct 2017 16:36:42 +0000
Advanced Micro Devices Inc. investors will be looking for how the chipmaker’s new product rollouts are faring are for more indications of how demand for cryptocurrency mining cards are driving sales.
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