Nvidia (NVDA) Offering Possible 20.48% Return Over the Next 3 Calendar Days

Nvidia’s most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $245.00 short put and a strike $240.00 long put offers a potential 20.48% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $245.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $240.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Nvidia is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Nvidia is bullish.

The RSI indicator is at 48.81 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Nvidia

Why Intel’s Move Into Discrete Graphics Cards Is a Waste of Time
Sun, 15 Jul 2018 14:44:00 +0000
The company needs to focus on other areas, as cracking the discrete GPU market looks like a long shot at best.

Bluefin Research Talks Trade War Impact On Nvidia, AMD
Fri, 13 Jul 2018 19:51:41 +0000
Bluefin Research recently returned from a trip to Asia to survey demand in the semiconductor industry. Analyst Paul Peterson expects suppliers to beat Wall Street estimates in the coming earnings season and announce roughly in-line guidance.

Tech Today: Nvidia’s GPU Problem, More Broadcom Downgrades, Hope for IBM
Fri, 13 Jul 2018 14:55:00 +0000
Here are some things going on today in the world of tech: Two more analysts have downgraded Broadcom (AVGO) on its proposed acquisition of CA (CA), sending the stock down $2.18, or 1%, to $207.80. One persistent worry for GPUs has been the ebbs and flows of the cryptocurrency market, but “gamer demand also appears relatively muted,” writes Peterson.

Tech and Media Biggest Value Creators in Last 5 Years: BCG
Fri, 13 Jul 2018 08:50:00 +0000
Tech and media stocks made investors a lot of money over the past five years. According to a global study from the Boston Consulting Group (BCG), the nine of the 10 large companies that generated the highest shareholder returns from 2013 to 2017 all belonged to one of those two sectors. Chipmaker Nvidia Corp. ( NVDA) came out on top, followed by subscription service Netflix Inc. ( NFLX), semiconductor specialist Broadcom Inc. ( AVGO), China’s internet service portal Tencent Holdings Ltd. (TCEHY) and social network Facebook Inc. ( FB).

Nvidia and Netflix produced top shareholder returns over past five years, BCG study shows
Thu, 12 Jul 2018 23:22:00 +0000
According to a new study from BCG, tech and media companies have provided the top returns for investors over the past five years. Nvidia and Netflix produced the highest returns. Chipmaker Nvidia NVDA was first, followed by Netflix NFLX , Broadcom AVGO , China’s Tencent and Facebook.

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