NVDA Weekly Options Trade Plan 2025-06-24

Join our Discord channel for live trading signals and discussions:

NVDA Weekly Analysis Summary (2025-06-24)

Comprehensive Summary of Model Reports

Technical Analysis Insights:

Current price at $147.90, with strong bullish indicators based on multiple models over the 5-minute timeframe. All moving averages indicate upward momentum; however, the daily chart shows mixed signals, particularly a bearish MACD. The RSI consistently indicates overbought conditions across several analyses, suggesting a potential pullback in the near term. Support levels around $147.17-$147.20 are noted, while immediate resistance exists at $147.91, closely followed by critical resistance at $150.86. Market Sentiment:

The VIX (18.01) indicates low volatility, which is generally favorable for bullish trading strategies. Positive news regarding Nvidia's growth and partnerships supports the sentiment of upward momentum. The max pain theory suggests a gravitational pull of prices towards $141.00, creating a risk of downward movement, contrasting with the overall bullish sentiment from technicals and news. Options Strategy Conclusions: