NVDA - Stochastic warning - June 240 puts
Look at the weekly chart for support for this trade idea. There is still time before NVDA reports earnings, and puts are relatively cheap right now (IV will rise in coming weeks).
This is a great example of how stochastic serves as a leading indicator to RSI. RSI went up a little with the higher low (2 green lines), while stochastic %K went lower (pink line).
I have a small position because capital will be tied up for a while and I rarely buy options over $5 (bigger price moves are needed to get higher return on capital)
This is a great example of how stochastic serves as a leading indicator to RSI. RSI went up a little with the higher low (2 green lines), while stochastic %K went lower (pink line).
I have a small position because capital will be tied up for a while and I rarely buy options over $5 (bigger price moves are needed to get higher return on capital)
Trade fermée manuellement
I closed puts for about $1.30 gain per contract. It is less than what I wanted but indicators are bullish. Today is closing as a bullish engulfing candle and 20sma is trending upwards so I may look for calls.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.