NVDA Long ideas into earnings
Nvidia and AMD have both enjoyed immense popularity by the stimulus packages, the runs in Bitcoin and derivative/competing crypto currencies, as well as a newly found gaming community brought on by the COVID-19 lockdowns.
Looking at NVDA's history, and especially since they have talked about releasing the RTX3060, their "consumer" 3000-series card, as well as re-introducing the venerable 1050Ti to help absorb some market demand, I cannot fathom Nvidia missing earnings or not continuing to grow at an asinine pace.
I am long Nvidia into earnings, I'll be looking to sell into the IV spike on earnings day.
Positions:
5 x NVDA 625 Call, March 21