Hi, After my TSLA forecast which was confirmed when even everybody on the street was bearish.
I am back with NVDA, which is bullish in the long term. I am in a position for the NVDA 1010 Sept. Call. I trust Fortune 50 companies are investing, directly or indirectly, in LLM, which will lead to Cloud sales and intern drive NVDA card sales. The combined CAPEX purely in AI Graphic chipset buying alone would be upward of 2X-3X than any previous year of 2024.
Still, I don't have a crystal ball; hence, I will also secure my bet with cheap puts. Please like and share If you like.
Trade active
I hope you bought more calls when it was down. The upcoming earnings to Watch are from ANET. I am still bullish and trading within my chart range. I will roll call if it hits 950 before earning to take profits. I always Hedge my bets; hence, I will buy cheap Puts once it is above near previous highs, but plan to ride the earnings.
Trade closed: target reached
This target is now achievable, so I am rolling my long calls today, As I don't want to be greedy.
Trade closed manually
I took all profit; this stock perfectly made a time high today and may go further up, but I am happy to close this position now.
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