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NVIDIA Weekly Option Turns $820 Into $1,313! Nvidia shares were marked 2.5% higher in mid-day Monda October 16, 2024 |
NVIDIA Weekly Option Turns $820 Into $1,313!
Nvidia shares were marked 2.5% higher in mid-day Monday trading to change hands at $138.22 each, giving the stock a market value of $3.39 trillion. The upward trajectory of AI chip stocks is a positive sign for AI hardware spending that assuages Wall Street’s concerns of a near-term slowdown on investment. Recent strength came after CEO Jensen Huang said Nvidia’s Blackwell chip “is in full production,” and that demand for it “is insane.” This set the scene for Weekly Options USA Members to profit by 60% using a NVDA Weekly Options trade!
Why Our Nvidia Trade Was a Success and Why It Still Offers Potential for a New Trade
Nvidia has been at the forefront of the technology and AI boom, and our October 8th suggestion to buy **NVDA call options for November 2024 with a $130 strike price** was based on strong fundamentals and market conditions.
Looking forward, Nvidia continues to present a strong opportunity for investors, particularly as we enter the week of October 14, 2024. OR
VIDEO-Palantir Stock Keeps Climbing!
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Palantir's inclusion in the S&P 500 has contributed to a surge in its stock price, reflecting the market's positive reception to its robust AI capabilities and its potential for further growth.
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