Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $103.00 short put and a strike $98.00 long put offers a potential 56.74% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $103.00 by expiration. The full premium credit of $1.81 would be kept by the premium seller. The risk of $3.19 would be incurred if the stock dropped below the $98.00 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 60.75 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
Stock Futures Up: Can These 2 Tech Leaders Restart Chips?
Mon, 01 May 2017 09:36:52 +0000
Stock futures edged higher Monday morning after big gains in the major averages last week. But chip plays faltered Friday. Can AMD and Apple earnings boost this key sector?
What to Watch When NVIDIA Reports Earnings
Sun, 30 Apr 2017 23:12:00 +0000
Expectations are extremely high for NVIDIA coming off a strong year of growth. Here's what investors need to know as we get ready to digest another round of results.
Why AMD's Latest Buy Could Be Critical to Its Growth
Sat, 29 Apr 2017 21:35:00 +0000
VR headsets will go wireless, and AMD doesn't want to miss this gravy train.
Nvidia Shield TV (2017) Long-Term Review: An Expensive Niche
Sat, 29 Apr 2017 15:00:00 +0000
How does a $199 streaming device compare to the cheap competition?
Is AMD's Turnaround for Real? We'll Find Out Monday
Sat, 29 Apr 2017 14:00:00 +0000
With Ryzen launched and Vega and Naples coming soon, AMD's numbers need to start getting better.
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