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.
在我寫這篇文章的時候，英偉達股票下跌了超過8%，交易價格約爲109美元左右。
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.
問題是，我並沒有看到很多看跌期權的買入。換句話說，這次下跌並不是因爲看淡交易員在押注英偉達股票會暴跌。
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，我們在這裏看到的是看好交易員在出售看漲期權，並套現今年股票的飆升。
Here's when that might end – and why the selloff may keep going...
以下是可能結束的時間，以及爲什麼拋售可能會繼續...
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.
我的交易策略專注於價格行爲、資金流向和持倉。目前，英偉達的資金流向顯示大量的看漲期權拋售，正如我所說的。與此同時，觀察大額期權頭寸表明，110美元是一個巨大的看淡點。
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.
如果股價跌破這個點並維持一段時間，對股票來說是非常負面的信號。在我寫這篇文章的時候，情況正是這樣發生了，並且激發了更多的負面價格行爲。105美元和100美元是接下來的目標。
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.
然而，在100美元以下幾乎沒有持有期權，因此短期內如果跌破110美元，將被過度賣空並有可能反彈。
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.
除非某些因素讓空頭加碼並開始在100美元或更低點買入看跌期權，否則我認爲英偉達股票的下跌不會持續太久。
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!
您想每週都和我討論英偉達和其他股票嗎？您可以通過我的"每週直播問答策略回顧"來實現！
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