Join our Discord channel for live trading signals and discussions:
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.
─────────────────────────────
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.