NVDA Weekly Options Trade Plan 2025-04-17

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NVDA Weekly Analysis Summary (2025-04-17)

Below is a synthesis of the multiple reports along with my actionable conclusion for trading NVDA weekly options today.

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Summary of Each Model’s Key Points

• Grok/xAI Report  – Technicals show that NVDA is trading below key EMAs on both 5-minute and daily charts.  – The daily RSI appears oversold while short‐term M5 figures are near neutral; Bollinger Bands and MACD point toward current bearish momentum.  – With high open interest at near‐the‐money strikes and a max pain at $106, Grok recommends a moderately bearish play by buying a naked put (specifically the $101.00 put at an ask of about $0.62).

• Gemini/Google Report  – While technicals (especially on the daily chart) confirm a bearish bias, the options chain’s max pain ($106.00) creates a conflicting signal.  – Mixed signals on immediate price action and falling volatility (VIX) point to uncertainty.  – Their overall view is “neutral/unclear” with a recommendation to refrain from entering a trade at the open.