Buying NVDA call contracts.
Nvidia Corp. (NVDA) reported disappointing earnings after the market closed last night. The stock was off sharply in after-hours trading.
But today, the stock is up nearly 3% as investors step in and buy.
This is a good indication that investors have already priced in the negative news for this company and any future surprises are likely to be positive.
NVDA is rebounding from a key support area — and could have a ways to run as investors rebuild positions.
- Buy (to open) 5 NVDA September 16th $160 Calls
- Limit $21.00 or less
- The new position will represent roughly 8.8% of our Spec Model capital
- 15:18 Executed
- Bot 5 NVDA Sept. 16th $160 Calls @ $20.02