NVIDIA
Long

NVDA NVIDIA Corporation Options Ahead of Earnings

Updated
If you haven`t bought NVDA before the previous earnings:
NVDA NVIDIA Corporation Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 710usd strike price Calls with
an expiration date of 2024-2-23,
for a premium of approximately $48.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
NVDA traded at $823.94 after earnings, and the Calls went up from $48.65 (when I wrote this article) to $78.17 at expiration (a lot higher intraday), for more than 60% gain!
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