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

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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.

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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…)

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