NVIDIA
Short

NVDA puts as price approaches 10MA -

NVDA was bought in a rush at the open and kept going with the markets. I think it will fade down, so I am buying puts. Also with Memorial Day holiday on Monday there may be some profit taking between now and tomorrow. If SPX holds 4050 resistance then there should be a general pullback in markets.

There will be day trade opportunities, and it is likely that the post-earnings after-hours lows will be revisited during the next selloff.

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