Nvidia (NVDA) Offering Possible 40.65% Return Over the Next 37 Calendar Days

This article was originally published on this site

Nvidia’s most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $160.00 short put and a strike $150.00 long put offers a potential 40.65% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $2.89 would be kept by the premium seller. The risk of $7.11 would be incurred if the stock dropped below the $150.00 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 62.43 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

ETFs with exposure to NVIDIA Corp. : September 12, 2017
Tue, 12 Sep 2017 04:04:35 +0000
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to NVIDIA Corp. Here are 5 ETFs with the largest exposure to NVDA-US. Comparing the performance and risk of NVIDIA Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name … Read more
(Read more…)

These 6 IBD 50 Growth Stocks Are In Bullish Bases; This One Is A Buy
Mon, 11 Sep 2017 20:11:55 +0000
A great place to look for top growth stocks is the IBD 50. Facebook, Nvidia, Alibaba, Applied Materials, Universal Display and Lam Research are in bases, near buy points.

Semiconductor Stocks Are Heating Up Again
Mon, 11 Sep 2017 19:55:15 +0000
Semiconductor stocks are among the S&P 500’s best performers Monday, and that could bode well for the rest of the market.

Jefferies says cryptocurrency mining market is strong for Nvidia and AMD
Mon, 11 Sep 2017 19:47:42 +0000
Jefferies predicts cryptocurrency mining will be a viable growth market longer term for Nvidia and AMD.

Nvidia and AMD aren’t at serious risk from crypto concerns, analysts say
Mon, 11 Sep 2017 19:24:43 +0000
Two stocks that have benefited from the rise of cryptocurrencies have been graphics cards makers Nvidia Corp. and Advanced Micro Devices Inc. but worries about how a drop in the virtual currencies will …

Be Sociable, Share!

Related Posts