🔍 Options GEX Insights (Gamma Exposure):
* GEX Map Observation:
* NVDA is currently trading near 158, slightly under the major Gamma Wall at 160.98.
* This level marks the highest positive net GEX – strong resistance due to heavy call positioning.
* Above that, additional call walls stack at 162.5 → 165 → 167.5, creating a squeeze zone if price breaks out.
* Below, support levels sit at 155 (2nd PUT wall) and 152.5 (3rd PUT wall).
* Volatility & Options Sentiment:
* IVR: 8.8, IVx: 40.8 – low implied volatility rank = cheap options.
* Put Positioning: Only 1.4% = call-heavy environment, skewed bullish.
* Positive GEX (+) across expiries shows dealers will hedge upward if we move beyond 161.
🟢 Bullish Scenario (Breakout/Squeeze Setup):
* Break over 160.98 could ignite a gamma squeeze toward 165–167.5 range.
* Ideal for low delta CALL verticals or debit spreads targeting the 165 zone.
* Weekly options are cheap due to low IV.
🔴 Bearish Rejection Scenario:
* If price stays pinned under 160 and loses 155, dealers start to de-hedge – momentum toward 152/150.
* Consider put spreads or a cautious fade if it breaks structure.
📌 GEX Summary Suggestion:
If NVDA stays under 160, price may remain pinned or retrace. But above 161 opens the gamma doors to 165+. Cheap IV = opportunity.
📊 1-Hour Price Action Technicals:
* Market Structure:
* Previous BOS toward the upside has stalled inside a consolidation box under 160.
* Multiple CHoCH zones form below current price, hinting at exhaustion.
* Price is stuck within a wedge, coiling beneath resistance = compression phase.
* Support & Resistance Zones:
* Resistance: 159.34 → 160.98 (Gamma Wall and price supply).
* Support: 155.34, then 151.10.
* Bullish OB remains untested around 151 area if price flushes.
* Volume & Trend:
* Volume declining during chop = balance phase.
* RSI & MACD show slight bearish divergence, favoring caution near top of range.
⚙️ Trade Thoughts:
* Scalp Setup:
* Above 160.98 = scalp long toward 162.5/165, tight stop at 159.3.
* Below 155 = scalp short toward 152 zone.
* Swing Setup:
* Long only on strong breakout close above 161 with volume.
* Short swing possible under 155 if CHoCH confirms trend flip.
Conclusion: NVDA sits at the pivot point of either breaking out toward 165+ or rejecting and retracing toward 152. GEX and price both hint at a coiled move ahead. Stay nimble, follow the volume.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade at your own risk.
* GEX Map Observation:
* NVDA is currently trading near 158, slightly under the major Gamma Wall at 160.98.
* This level marks the highest positive net GEX – strong resistance due to heavy call positioning.
* Above that, additional call walls stack at 162.5 → 165 → 167.5, creating a squeeze zone if price breaks out.
* Below, support levels sit at 155 (2nd PUT wall) and 152.5 (3rd PUT wall).
* Volatility & Options Sentiment:
* IVR: 8.8, IVx: 40.8 – low implied volatility rank = cheap options.
* Put Positioning: Only 1.4% = call-heavy environment, skewed bullish.
* Positive GEX (+) across expiries shows dealers will hedge upward if we move beyond 161.
🟢 Bullish Scenario (Breakout/Squeeze Setup):
* Break over 160.98 could ignite a gamma squeeze toward 165–167.5 range.
* Ideal for low delta CALL verticals or debit spreads targeting the 165 zone.
* Weekly options are cheap due to low IV.
🔴 Bearish Rejection Scenario:
* If price stays pinned under 160 and loses 155, dealers start to de-hedge – momentum toward 152/150.
* Consider put spreads or a cautious fade if it breaks structure.
📌 GEX Summary Suggestion:
If NVDA stays under 160, price may remain pinned or retrace. But above 161 opens the gamma doors to 165+. Cheap IV = opportunity.
📊 1-Hour Price Action Technicals:
* Market Structure:
* Previous BOS toward the upside has stalled inside a consolidation box under 160.
* Multiple CHoCH zones form below current price, hinting at exhaustion.
* Price is stuck within a wedge, coiling beneath resistance = compression phase.
* Support & Resistance Zones:
* Resistance: 159.34 → 160.98 (Gamma Wall and price supply).
* Support: 155.34, then 151.10.
* Bullish OB remains untested around 151 area if price flushes.
* Volume & Trend:
* Volume declining during chop = balance phase.
* RSI & MACD show slight bearish divergence, favoring caution near top of range.
⚙️ Trade Thoughts:
* Scalp Setup:
* Above 160.98 = scalp long toward 162.5/165, tight stop at 159.3.
* Below 155 = scalp short toward 152 zone.
* Swing Setup:
* Long only on strong breakout close above 161 with volume.
* Short swing possible under 155 if CHoCH confirms trend flip.
Conclusion: NVDA sits at the pivot point of either breaking out toward 165+ or rejecting and retracing toward 152. GEX and price both hint at a coiled move ahead. Stay nimble, follow the volume.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade at your own risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.