NVDL covered callBuy low, sell high? Great premium. NOT that much time really..? Strong resistance. I'll hold this one until expiration because I really wouldn't mind selling at $65
NVDL trade ideas
Covered call on NVDL DOING IT AGAIN. I have some shares. If you do not, looks like a great place to buy!
Buy low, sell high
THIS IS over NVDA earnings. But if I can buy to close this sold call for 50% premium capture in the next 2 weeks I will. Otherwise, I would not be upset about selling this stock at $80 for a NICE GAIN
New ways of looking at charts Playing with flat top flat bottom indicator to find support resistance and trendlines . Looking at btc with a new pair of eyes while using this tool for the first time. It is easy to spot now of course but is the confluence of price action indicators and market sentiment that make it work .... as long as you are using your risk management and are trading your process not emotions you should not be scared of any trade. Let me know if you like this tool...
NVDA Multi-Asset Income StrategyRecently, I've been looking a lot at Yield Max ETFs and other options-based yield ETFS more generally such as QDTE, XDTE, RDTE, QQQI, SPYI, YQQQ (inverse), etc.
One possible way to outperform SPY & QQQ, may be to consider investing in such ETFs, though this is purely theoretical s tradingview does not provide a quality backtesting software for a complex multi-asset, multi-directional strategy like this. Nothing in this strategy should be considered financial advice and there are various factors to consider, such as beta decay, mismanagement of the ETFs, tax advantages/disadvantages, reinvestment risk, risks associated with options in income-based derivatives, risks with leveraged assets, and the obviously risks with inverse assets.
In this chart, we are looking at the leveraged ETF NVDL, which tracks NVDA. It's important to note that this asset will decay whenever NVDA trades sideways or goes down over substantial periods of time, and when NVDA goes down the negative % returns are multiplied. Therefore a trader or "sophisticated investor" (FINRA term) needs to not only optimize their position size for a trading period, but also optimize the timing of entry's and exits on multiple position. They will also want to model, volatility, decay, and reinvestment risk (arguably the hardest in this case. This post will not discuss the specifics of those and instead, these topics should be considered as a form of "homework" for you, the reader to think about and discuss in the comments as food for thought.
In this theoretical multi-asset income strategy, risk is managed through the use of income based ETFs that are either bullish or bearish, I think of this as " directional income ". In this case, NVDY is the bullish income asset and DIPS is the bearish income asset, both of which pay dividend monthly and their price performance behaves very similar to a leveraged ETF, in the sense that they only really increase when the underlying the underlying asset moves in the direction of the income derivative. Theoretically, by managing position size with the use of a modified Kelly Criterion which accounts for fed rates, the decay of the asset, and timing (through technical analysis, seasonality and quantitative analysis), I wonder if a trader could swing-trade between various income-based derivatives and leveraged assets, in order to optimize both income and grow irrespective of market conditions.
In truth, I'm still not sure if this is a completely degenerate idea no different to the way banks stacked bad loans together in 2008 and slapped a Grade A rating, and in the process over valued quantitative methods (see the book "Quants") as a sort of grad delusion to completely avoid risks, like a doctor wishing to delete pain from the world with an addictive pill, shilled by Big Pharma... Only in this case, instead of CMBS, it's ETF, leveraged ETFs, options on both, creating a derivative, then stacking more derivative on top of that...
Who knows, though... Maybe this could be a way to profit from this madness?
I honestly don't know.
What I do know is, I find the idea of " directional income " as a hedge more appealing than an inverse leveraged ETF and I'm curious how to apply this to either a single asset or multi-asset portfolio. It's a very interesting idea and I plan to spend the year exploring this idea at the cost of my own capital, rather than someone else's capital.
NVDL covered callOverall bull trend. Earnings came out on NVDA. They did "great".
This covered call is over thanksgivings and the theta burn should be nice. BUT, this also represents a $13 stock increase, which would be sick. I have no issue selling here at this profit level. STRONG chance I can buy to close this sold call for over 50% premium capture.
NVDA (NVDL) BIG MOVE BREWING, BUY THE DIP! 100%+ MOVE INBOUNDNASDAQ:NVDA NASDAQ:NVDL
BIG MOVE BREWING, BUY THE DIP! 100%+ MOVE INBOUND
In this video, we discuss the following:
1.) My #HIGHFIVESETUP trading strategy which incorporates charting patterns, volume profiles, MACD, RSI, and TREND.
Notable recent winners with my strategies include NASDAQ:TSLA NASDAQ:SOFI NASDAQ:MBLY NASDAQ:AMZN NYSE:HIMS
2.) Go in-depth on how to tell when an investment or trade will go against you and what you should be looking for. We go over my favorite indicator for this, which is the Williams R%.
We primarily discuss the 2X levered ETF NASDAQ:NVDL which has the same setup as it's parent NASDAQ:NVDA . So feel free to use this setup for either one depending on your risk tolerance.
Thanks for all the support! Over 500 TV followers in such a short period of time, you all are amazing!
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NFA
NVDA - NVDLAfter big spring in the structure we just passed and retest the lower line in accumulation structure.
I am very optimistic with how the chart looks!
NVDA
WIN/LOSE 1.5:1
SL BELOW 113$
TARGET upper line structure 140$
NVDL
WIN/LOSE 3:1
SL BELOW 51$
TARGET upper line structure 90-91$
* will update if there is change in sentiment of the structure
* for any question drop them below, and HIT THE FOLLOW BUTTON
Chart Pattern Analysis Of NVDA
From K1 to K3,
The supply pressure keeps increasing.
Smart money got out of the market at K3.
And bad news released after the market.
The short-term consolidation ended by the news.
So, it is likely that a large scale consolidation or another bear run had started from K1.
A nearest support at about 0.5-0.618fib area.
I will try to buy it there.
I am still optimistic about the long-term bull market of NVDA.
But it is not safe to invest too much money on it now.
On the other hand,
After the sharp price shocking,
The market will choose a real orientation.
If the following candles close upon the downtrend channel,
It is still valuable to buy back.
