$NVDA Nvidia 5th Wave - HUGE Near Term Put Buying

12 de dez. de 2018

NVDA Puts led Calls today 100 to 1. Roughly $530 MILLION DOLLARS of NVDA Puts purchased today deep in-the-money. The biggest red flag is they were all near-term expiration December and January.

The daily chart supports a continuation of this final 5th wave down. Depending on the severity of the move I see two possible targets by January - $120 Long-Term Support Level / $103 Gap-Fill from May'17.



Note: Informational analysis, not investment advice.

2 de jan. de 2019

Nota

Seeing additional very heavy January put buying today deep-in-the-money