NVDA Buyers Getting Squeezed? What Gamma & Price Action Say NextGEX-Based Options Insight (Gamma Exposure):
📉 NVDA is currently sitting at $152.54, just above a key PUT wall at $150, with GEX sentiment tilted bearish short-term.
* Highest Call Resistance / Gamma Wall: $160
This is the level with the strongest net positive GEX, acting as a cap where market makers may short against CALLs.
* 2nd Call Wall: $158 – Heavy positioning here, could slow price if it bounces.
* PUT Support: $150 – Strong gamma magnet; price may hover or bounce near this.
* IVR: 8.6 (low) – Options are relatively cheap.
* CALLs Flow: 2.6% bias – Weak call flow, favors downside or range behavior.
💡 Options Trade Suggestion:
Because NVDA is under the gamma wall and just above strong PUT walls, consider buying a debit PUT spread, especially if $152.50 breaks.
* Setup: Buy 155P, Sell 150P expiring this Friday
* Risk: Defined
* Reward: Targets $150 zone (gamma magnet)
* Only valid below $152.50 breakdown
1H Price Action + SMC Trade Plan (Chart 2):
🟣 Structure Breakdown Confirmed – NVDA lost its rising structure and broke BOS + CHoCH zones near $157–158.
📉 Current Bias: Bearish
Multiple break-of-structure (BOS) and change-of-character (CHoCH) events suggest a shift to downtrend.
🟩 Possible Short Entry Zone:
* Price could retest the last order block around $155–156 for a lower high before dropping.
📍 Short Trade Idea:
* Entry: Around $154.80–$155.50 (if price retests)
* Stop: Above $157.99 (previous high)
* Target: $150 (1st TP), $147.50 (2nd TP, PUT wall)
📍 Alternative Scenario (invalidates the short):
If price reclaims $158 with strength, we could get a squeeze toward the $160 gamma wall.
Conclusion & Plan:
Right now, NVDA is in a short-term downtrend, aligning with bearish GEX flow. Option sentiment, volume, and structure all favor selling bounces into $155–157 with $150 as magnet. But don’t short blindly—watch if price retests OB and rejects. Use PUT debit spreads or simple 1 DTE options with tight stops.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
