NVIDIA reported earnings of 89 cents per share on revenue of $39.33 B for Q4. While revenue grew 77.94% on a year-over-year basis. The consensus earnings estimate was 84 cents per share on revenue of $37.72 B. The company said it expects Q1 revenue of $42.14 B to $43.86 B, and gross margins of 70.5% to 71.5%, which calculates to non-GAAP earnings of 89 cents to 97 per share.
Long trade idea:
long = 130
stop = 125
profit = 160
NVDA options data:
3/21 expiry
Put Volume Total 159,655
Call Volume Total 331,044
Put/Call Volume Ratio 0.48
Put Open Interest Total 1,957,392
Call Open Interest Total 2,368,522
Put/Call Open Interest Ratio 0.83
4/17 expiry
Put Volume Total 125,626
Call Volume Total 81,625
Put/Call Volume Ratio 1.54
Put Open Interest Total 521,463
Call Open Interest Total 712,523
Put/Call Open Interest Ratio 0.73
5/16 expiry
Put Volume Total 32,339
Call Volume Total 49,339
Put/Call Volume Ratio 0.66
Put Open Interest Total 366,100
Call Open Interest Total 389,827
Put/Call Open Interest Ratio 0.94
Long trade idea:
long = 130
stop = 125
profit = 160
NVDA options data:
3/21 expiry
Put Volume Total 159,655
Call Volume Total 331,044
Put/Call Volume Ratio 0.48
Put Open Interest Total 1,957,392
Call Open Interest Total 2,368,522
Put/Call Open Interest Ratio 0.83
4/17 expiry
Put Volume Total 125,626
Call Volume Total 81,625
Put/Call Volume Ratio 1.54
Put Open Interest Total 521,463
Call Open Interest Total 712,523
Put/Call Open Interest Ratio 0.73
5/16 expiry
Put Volume Total 32,339
Call Volume Total 49,339
Put/Call Volume Ratio 0.66
Put Open Interest Total 366,100
Call Open Interest Total 389,827
Put/Call Open Interest Ratio 0.94
Trade active
Long from 126.75 entryNote
Decided to dca at 122.75Note
Update: adjustment to market & planslong avg = 124.75
stop = 119.75
profit = 160
Note
dca long at 117.75
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.