NVIDIA Will Keep Crashing Until This Happens
NVIDIA Will Keep Crashing Until This Happens
As I'm writing this, NVIDIA Corp. (NVDA) stock is down more than 8% for the day, trading at about $109 and change.
在我写这篇文章的时候，NVIDIA公司（NVDA）的股票当天下跌了8％以上，交易价格约为109美元，而且有所变化。
The thing is, I'm not seeing a lot of put buying. In other words, this drop isn't caused by bearish traders betting on NVIDIA tanking.
问题是，我看不到很多看跌期权买入。换句话说，这种下跌并不是由看跌的交易者押注NVIDIA暴跌造成的。
Rather, what we're seeing here is bullish traders selling their calls and cashing in on the stock's meteoric rise this year.
相反，我们在这里看到的是看涨的交易者卖出看涨期权并从该股今年的飞速上涨中获利。
Here's when that might end – and why the selloff may keep going...
以下是这种情况可能结束的时间——以及抛售可能会持续的原因...
My approach to trading is focused on PFP: Price Action, Flows, and Position. Right now, the flows in NVIDIA are showing heavy call dumping, as I mentioned. Looking at the large options positions, meanwhile, shows that $110 is a big bearish strike.
我的交易方法侧重于PFP：价格走势、流量和头寸。正如我所提到的，目前，NVIDIA的资金流显示出大量的看涨倾销。同时，从大额期权头寸来看，110美元是一个重大的看跌行情。
If the share price falls below that and stays that way for a bit, that's a very negative sign for the stock. As I'm writing this, that's exactly what happened – and it spurred even more negative price action. $105 and $100 are the next targets.
如果股价跌破该水平并暂时保持这种状态，那对该股来说是一个非常消极的信号。在我写这篇文章的时候，这正是发生的事情——它刺激了更多的负面价格走势。下一个目标是105美元和100美元。
However, there's very few options being held under $100, so any drop below $110 in the short term will be oversold and likely bounce back.
但是，持有低于100美元的期权很少，因此短期内任何跌破110美元的期权都将超卖，并可能反弹。
Unless something makes the bears pile in and start buying puts at $100 or less, I don't see this drop in NVIDIA shares continuing for long.
除非有什么东西让空头大量涌入并开始以100美元或更低的价格买入看跌期权，否则我认为NVIDIA股价的下跌不会持续很长时间。
Do you want to talk to me about NVIDIA and other stocks every week? You can with my "Weekly Live Q&A Strategy Review" Here!
你想每周和我谈谈 NVIDIA 和其他股票吗？你可以在这里看到我的 “每周直播问答策略回顾”！
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