NVIDIA

$NVDA

NVDA been trading in sideways range for a while, a break above the highs would be very bullish and could be the start of another wave up. If we do roll over look at the fib 50-61.8% for support. The way to play this be with an option strategy, selling a put at $400 take some premiums with intention to take the shares, if assigned, sell a $450 call right away as well as another $350 put to average down if it falls further and collect some premiums at the same time.

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