$NVIDIA (NVDA.US)$ 112.05 that's the 20-day moving average i...

$NVIDIA (NVDA.US)$ 112.05 that's the 20-day moving average in almost got there today you can expect some resistance there the people that want to get short are going to use that as a line of demarcation. Austin interned at it's a crapshoot if it gaps through it if it does with conviction and we go to 113 and a half will probably push to maybe 120 or so going into earnings. you have to be hedged. today is the first time that Cramer came out and I swear he was repeating what I wrote to him on Twitter verbatim for the past week and a half saying if Jensen guides lower you know where we're going to have to see what happens. well if Jensen guides lower for Q4 and q1 the stock's going to get pulverized. think what happened to super micro and that's a much higher beta stock but that's the type of haircut that you're going to see in Nvidia so if you don't have puts I think you're being very foolish. you need to use the strong days like today to go out and buy a deep out of the money put and again don't buy it on the common stock buy it on the leveraged ETF NVDU. it's a 2X bull ETF so you don't get the dollar appreciation but you get double the percent movement. so you can buy a deep out of the money put and hedge your long position in Nvidia common.