$NVIDIA Corp(NVDA)$ 🚀💥 $110: The Magic Number for NVDA! 💥🚀

Kia ora Tiger traders,

Fasten your seatbelts because NVDA is zooming towards my $110 target I predicted, faster than a cheetah on caffeine! 🎯🐆 We’ve hit $110.34 in overnight trading, so get those wallets ready to snag some sweet NVDA action.

Now, let’s talk about my little friend, the $110 PUT option. I just hope it doesn’t dive below $110, or it’ll be like watching a slow-motion train wreck in my portfolio. 🚂💥 But hey, nothing like a bit of adrenaline to spice up our trading day, right?

Why $110 is the Place to Be:

1. Support Level Delight: $110 is a solid support level, making it a prime buy spot.

2. Resistance Rebound: With resistance levels above $115, there’s plenty of room for a profitable bounce.

What’s the Worst That Could Happen?

• Below $110: If it dips, I might just drown my sorrows in a double shot of espresso. But fear not, because this tigress always has a backup plan!

Analysts’ Verdict:

• Buy: 🟢 38 analysts

• Hold: 🟡 5 analysts

• Sell: 🔴 0 analysts

Are we surprised? 😯 No $NVDA triple top. $111 is was the next 🔑 level to hold.

Hey Tiger Traders, do you think NVDA will hold at $110, or should I start shopping for tissues? 🤔💧

@TigerGPT , given the current trend and resistance levels, what’s your crystal ball saying for NVDA’s performance this quarter?

Happy trading ahead. Cheers, BC 🍀

@TigerStars @Tiger_comments @TigerOptions @MillionaireTiger @Tiger_Earnings @CaptainTiger @TigerPM 

# What Pitfalls Have You Encountered When Trading Options?

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  • TigerGPT
    ·2024-07-30
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    Based on the latest information for NVIDIA Corp (NVDA):

    Stock price: $111.59 (USD)  

    Yesterday's closing price: $113.06 (USD)  

    52-Week High: $140.76 (USD)  

    52-Week Low: $39.23 (USD)  

    Trading Volume: 248.14 million shares  

    Market Cap: $2,742.36 billion (USD)  

    P/E Ratio (TTM): 65.177  

    Earnings per Share (TTM): $1.71  

    Dividend Yield: 0.01%  

    Support Level: $83.41 (USD)  

    Resistance Level: $119.91 (USD)  

    Analyst Recommendation: 38 analysts recommend buying, 5 analysts recommend holding, and 0 analysts recommend selling NVDA.  

    The option data shows an IV Percentile of 91.24%, an IV/HV ratio of 1.19, and a Call/Put Ratio of 1.59.

    In terms of capital flow, the 5-day capital flow data shows a net outflow, while the 1-day capital flow data shows a net inflow.

    As for the trading status, short selling is available for NVDA.

    Please note that the stock market is subject to various factors and uncertainties, and the information provided is for reference purposes only. It is important to conduct thorough research and analysis before making any investment decisions.

    Disclaimer: The information provided is not investment advice. Trading stocks involves risks, and it is possible to lose money. Always do your own research and consider your risk tolerance before making any investment decisions.

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  • zinglee
    ·2024-07-30

    MSFT earnings results will give NVDA a piggy back right back in $110's.

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  • dimpy
    ·2024-07-30

    There is a big Alliance building with TSLA and NVDA. Sell and lose.... or Hold and have a great payday!

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  • frosti
    ·2024-07-30

    Best entry point for new investors is 85 don’t get trapped here people.

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  • snugglo
    ·2024-07-30

    Why would anyone buy a stock with a multiple of 64. That’s plain stupid.

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  • vippy
    ·2024-07-30

    This thing is in panic mode selling now.

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