Buying NVDA call contracts.
Nvidia (NVDA) is a leader in the high-performance computer chip industry.
In the past, NVDA has traded at a premium price thanks to high expectations for growth. But this year, growth stocks have traded sharply lower with valuations now at more reasonable levels.
NVDA appears to have found support just below $160 and could be a very strong rebound candidate as this oversold market begins to bounce.
- Buy (to open) 5 NVDA July 15th $150 Calls
- Limit $22.50 or less
- The new position will represent roughly 11.2% of our Spec Model capital
- 9:59 Executed
- Bot 5 NVDA July 15th $150 Calls @ $22.30