NVDA | Put Option Trade Idea

Wait 5 sec.

NVDA | Put Option Trade IdeaNVIDIA CorporationBATS:NVDAUA_CAPITALNVDA | Put Option Trade Idea NVDA broke decisively below the $207 level and closed beneath it. This was a strong swing level, and we now expect it to act as Supply. Price has also broken below its higher timeframe ascending trendline and closed beneath it. If price retests the $207 Supply Level and faces a strong rejection, we can look for a Put options opportunity on the daily timeframe. Trigger: Price must retest the $443 Supply Level and show a strong bearish rejection. Target 1: $191 Target 2: $185 Invalidation: Invalidation: Daily close above $213, breaking above the Supply Zone. We'll wait for the retest and rejection before entering the trade. Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Options trading involves significant risk, including the potential loss of your entire investment. Always conduct your own research and manage your risk accordingly.