Nvidia (NVDA) Offering Possible 37.93% Return Over the Next 37 Calendar Days

Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $395.00 short put and a strike $385.00 long put offers a potential 37.93% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $395.00 by expiration. The full premium credit of $2.75 would be kept by the premium seller. The risk of $7.25 would be incurred if the stock dropped below the $385.00 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 59.76 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Nvidia

Buy Nvidia (NVDA) Stock Because $500 Is Around the Corner, Says 5-Star Analyst
Tue, 14 Jul 2020 00:42:55 +0000
If you’re looking for a large-cap success story from this coronavirus-stained year, look no further than GPU giant Nvidia (NVDA). Driven by two segments – gaming and data center – perfectly suited to the times, investors have rewarded Nvidia with share gains of over 70% year-to-date. So, is now the time to reduce exposure to this impressive performer?Au contraire, says Rosenblatt analyst Hans Mosesmann, who argues Nvidia’s “data center and gaming tailwinds are just getting started.” The 5-star noted, “We continue to like the Nvidia story over the long-term, as we see the secular shift to data processing units within the data center, the entrance into new markets (inference, analytics, machine learning), and strategic partnerships (Mercedes-Benz, potentially others) helping to drive strong revenue growth over the coming years.”Mosesmann doesn’t expect data center momentum to slow down anytime soon. With the recent addition of data specialist Mellanox, the segment now makes up 40% of Nvidia’s overall business. Along with Mellanox, Mosesmann sees additional tailwinds stemming from the A100 Tensor Core GPU – the world's fastest cloud and data center GPU – and “the secular shift within the data center to the data processing unit (DPU).”As for gaming, with most games now able to run on different platforms, Nvidia will benefit from users’ ability to purchase new GPUs along with new consoles. Therefore, the launch of new gaming consoles during the holiday season should act as another tailwind for Nvidia “for many quarters.”Add to the mix Nvidia’s new partnership with Mercedes, in which the two are collaborating on self-driving vehicles using Nvidia’s DRIVE platform – set to hit the market in 2024 – and Mosesmann makes a bold, yet realistic prediction.“We would not be surprised if this initial partnership between Nvidia and Mercedes leads to a string of additional partnerships for Nvidia, as the Nvidia DRIVE platform is the only other platform outside of Tesla that can bring software and AI capabilities to the car,” the analyst said.To this end, Mosesmann maintains a Buy recommendation on Nvidia shares and raises the price target from $400 to $500. What’s in it for investors? Upside potential of 19%. (To watch Mosesmann’s track record, click here)Nvidia has received strong support from Mosesmann’s colleagues, too. Its Strong Buy consensus rating is based on 27 Buys, 4 Holds and 1 Sell. However, given those outsized gains, the $397.38 average price target implies a modest downside. (See Nvidia stock-price forecast on TipRanks)To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

US Indexes End Mostly Lower Monday After Morning Rally
Mon, 13 Jul 2020 23:00:15 +0000
S&P; 500 down 0.94% Continue reading…

US STOCKS-S&P 500 and Nasdaq end lower after sharp drop in tech titans
Mon, 13 Jul 2020 20:40:31 +0000
The S&P 500 and Nasdaq ended lower on Monday, pulled down by Amazon, Microsoft and other recent big-name leaders of Wall Street's recent rally. The S&P 500 dipped after briefly touching its highest level since Feb. 25. Stocks that outperformed in recent months, including Amazon , Microsoft, Nvidia and Facebook , ended down more than 2% after gaining earlier in the day.

NVIDIA Names John Dabiri to Board of Directors
Mon, 13 Jul 2020 13:00:10 +0000
SANTA CLARA, Calif., July 13, 2020 — NVIDIA today announced that it has named to its board of directors John Dabiri, the Centennial Professor of aeronautics and mechanical.

Here's What We Learnt About The CEO Pay At NVIDIA Corporation (NASDAQ:NVDA)
Mon, 13 Jul 2020 10:53:41 +0000
Jensen Huang became the CEO of NVIDIA Corporation (NASDAQ:NVDA) in 1993, and we think it's a good time to look at the…

Be Sociable, Share!

Related Posts


MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.