NVIDIA Makes A Comeback!

“Armchair Trader Members”
Make  Profit Of
125%!

by Ian Harvey

December 05, 2018

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GETTING OUT WHILST THE GOING IS GOOD!

GREED CAN BE THE UNDOING OF A GOOD PROFIT!

NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA makes a comeback after suffering from one cryptocurrency plagued quarter. This options call was based on the fact that Nvidia was set to make a correction, “eating through inventory issues” and rallying to $165. An option call trade was recommended to “Armchair Trader” Members on Monday November 26, 2018, based on a bullish note, and Citron Research seeing the stock price hitting $165 in a short time. This breakout started last week; but blossomed on Monday with the stock price up more than $173; the stock price, one week before was sitting at approximately $142.

PATIENCE PAYS OFF!

YOU NEED TO BE IN TO PROFIT!

The Trade……

…….from……“Armchair Trader Series” Recommendations - Week Beginning Monday November 26, 2018

The Details Presented Previously……..

The maker of graphics and high-performance computing chips NVIDIA Corporation (NASDAQ:NVDA) had a very disappointing result for third-quarter 2019; suffering from a lack of interest in cryptocurrency mining tools which left the shipping channels overstuffed with unsold graphics cards. The company beat its own earnings guidance despite falling short of management's revenue projections.

For further insight on this read…."Nvidia Update - Bottom Reached?”

Nvidia was ready to rally to $400 on AI and data-related tailwinds. Now, one cryptocurrency plagued quarter later, Nvidia stock is trading down at $140 and no one wants to buy it.

And now, this is the time to be in before it makes its climb back upwards!

And it seems that the short-seller Citron Research agrees; even though he has been a vocal bear on Nvidia stock for the past several years, turned bullish on NVDA after the recent correction. In a tweet on November 20, Citron said they have bought the dip in Nvidia stock, and are expecting the company to “eat through inventory issue” and rally to $165.

It is important to heed this reversal by Citron….

The last two times Citron has publicly announced a big reversal on a stock (Tesla (NASDAQ:TSLA) in October and Roku (NASDAQ:ROKU) in May), that stock proceeded to rally in a big way over the subsequent several months.

…..continue reading…..

Also read previous articles…..

Nvidia Suffers Due To Cryptocurrency!” – “Earnings Predictions Members” make potential profit of 220%.

NVIDIA Breaks Out!” – “Armchair Trader Members” make 100% profit.

The Previous Recommended Trade……..

** OPTION TRADE: Buy NVDA FEB 158 2019 155.000 CALL at approximately $12.00.

The Result So Far………

Graphics giant NVIDIA has released graphics cards under its Titan branding with each of its recent GPU architectures. These are generally the company's most powerful consumer-oriented graphics cards -- and it tends to charge a lot for them.

On December 3, NVIDIA announced the newest member of the Titan family: TITAN RTX (which the company nicknames "T-Rex" in its press release).

This announcement, plus the fact that the critical meeting between U.S. President Donald Trump and China President Xi Jinping at the G-20 summit over the weekend went "very well" – where an agreement to halt new trade tariffs for 90 days to allow for talks was forthcoming – set NVidia’s  stock price soaring.

This added to the already bounce experienced last week, which was due to some cautious words from the Fed, as well some optimism ahead of the meeting mentioned above.

Even after yesterday’s bloodbath, NVidia price is still above that at the entry time of the option.

The Profits.....

So, for “Armchair Trader” members, who managed to execute this trade recommended by Stock Options Made Easy; with an established exit price, had a nice surprise as the opening price hit $27.00 on Monday morning; which provided a little extra profit at 125%.

Entering the option trade at a cost of $12.00 or less; and the sell price on the option came in at $27.00; a profit of 125% was made in a week. Therefore, one options contract would provide a profit of $1500.00.; or 125% Profit.

A NICE START TO THE WEEK!

As you would have by now realized, some of our trades are based on earnings predictions. This is not to say all trades recommended to members follow this pattern, and it is obvious that it doesn’t apply in this case; but during earnings season this strategy of predicting earnings has been very profitable.

Sometimes it is our approach to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use – such as found with the “Earnings Predictions Program”. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.

Strategies to Consider……

"When To Exit A Trade Based On Earnings?"

It is also worth considering, when options trading earnings reports – “Do we exit on already existing profits or leave the companies to report their earnings and hope for bigger profit?” .....READ MORE.....

also....

"Trading Capital Management" is a key component of your trading strategy. The strategy, on which we base our trades to achieve maximum profit, and to minimize loss, is contingent on using an equal amount of money for each trade.……continue reading this article……

Our proven track record says it all!!

Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.

If you not a member and interested in being part of this profitable action just CLICK HERE.

Other Membership Options…….

If you interested in "Earnings Predictions" just click here……

or "Mentorship Program".....click here....


Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


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