Will options expiry enable Nvidia to rocket higher today?
if you look at nvidia in the past week or so , it spent alot of time between 870-880 and was a strong resistance , so shorting calls at those levels was immensely profitable and shorting 900 calls was super safe . However, i dont think they have covered them , while the longs may have already profited . So , i expect a big rally today ( especially considering how nvidia ended yesterday)
what do you reckon ?
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Lane Lerche : I that it'll rally though next week
Jensen Huangg : Ok