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 44.93% return on risk over the next 27 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 $3.10 would be kept by the premium seller. The risk of $6.90 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
Google, Apple, Uber and other Silicon Valley tech firms cough up diversity numbers, and it’s not pretty
Thu, 19 Oct 2017 23:55:47 +0000
By law, large companies must report the breakdown of their workforces by gender and race, but the federal government keeps that data secret.
Intel’s Nervana chip targets Nvidia on artificial intelligence
Thu, 19 Oct 2017 17:14:32 +0000
The company aims to make inroads in the quickly growing artificial-intelligence and machine-learning markets, says Ryan Shrout.
Can NVIDIA Strike Gold in Drones?
Thu, 19 Oct 2017 14:28:00 +0000
Drones could be big business for NVIDIA, but the chipmaker isn't alone in exploring this space.
NVIDIA's Market Cap Is Over $100 Billion. Now What?
Thu, 19 Oct 2017 12:08:00 +0000
NVIDIA is now a heavyweight in the technology sector. Will it get knocked out, or keep punching?
Bright Future for Micron’s Embedded Business
Thu, 19 Oct 2017 11:36:42 +0000
In edge computing, basic analysis happens at the device level. This requires the device to be equipped with memory, processor, and connectivity chips.
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