NVDA Weekly Options Trade Plan 2025-06-20
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NVDA Weekly Analysis Summary (2025-06-20)
Comprehensive Analysis Summary for NVDA Weekly Options Trading
1. Technical Analysis Summary
Price Analysis: NVDA is currently trading at $144.19, which is below the 10, 50, and 200-period EMAs on the 5-minute chart, signaling bearish momentum. The 5-minute RSI is at 46.04, indicating neutrality, while daily RSI is slightly overbought at 63.02. Support and Resistance Levels: Immediate Resistance: $145.00 Immediate Support: $143.86 Strong bearish indicators are seen from multiple sources that reinforce a downward bias given the price position relative to key moving averages.
2. Market Sentiment Summary
VIX and News: The current VIX is 20.31, indicating heightened volatility, and headlines suggest geopolitical uncertainty impacting NVDA’s sector. Reports indicate a U.S. crackdown on chip factories in China, adding pressure on sentiment. Options Data Insights: Heavy open interest in puts, especially the $144.00 puts with substantial volume (69,076), suggests active bearish positioning. The max pain level is $135.00, indicating potential downward pressure toward expiration.
3. Directional Determination