Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $237.50 short put and a strike $232.50 long put offers a potential 53.85% 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 $237.50 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $232.50 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 50.78 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
3 Stocks That Could Put NVIDIA's Returns to Shame
Fri, 23 Feb 2018 02:45:00 +0000
Applied Materials, Alteryx, and Core Labs could be poised to deliver market-beating returns for investors.
Another Big Breakout Could Be Days Away for Nvidia Corporation Stock
Thu, 22 Feb 2018 19:22:38 +0000
If we’re still in the midst of a stock market correction, someone forgot to tell Nvidia Corporation (NASDAQ:NVDA). While the market has fallen 6% since its late-January apex — dipping more than 10% at one point — Nvidia stock has actually gained steam.
How Long Will The Cryptocurrency GPU Boom Last?
Thu, 22 Feb 2018 17:09:23 +0000
Two of the hottest investments on Wall Street in recent months have been semiconductor stocks and cryptocurrencies , and the link is no coincidence. Cryptocurrency mining requires a massive amount of computing …
Consolidation is a story driving semiconductor stocks: An…
Thu, 22 Feb 2018 16:50:00 +0000
Ruben Roy, MKM Partners managing director, and Ambrish Srivastava, BMO senior equity analyst, discuss what is impacting the semiconductors to go higher.
Micron Technology, Inc. Stock Is Just Getting Warmed Up
Thu, 22 Feb 2018 16:32:46 +0000
The recent selloff produced an interesting opportunity for chip-maker Micron Technology, Inc. (NASDAQ:MU). MU stock, which has essentially doubled over the past year thanks to a favorable supply/demand situation in its core memory market, dropped from the mid-$40’s to below $40 in a matter of days in early February. The drop made no sense. Micron stock trades at just five-times forward earnings, so while valuation might be a concern for some hyper-growth tech stocks, that isn’t the case with MU stock.
Related Posts
Also on Market Tamer…
Follow Us on Facebook