A One Day NVDA Trade

Options, Technology Stocks, Videos

Nvidia (NVDA), the graphics card giant, was up 12% one day last week. The company announced it would be creating a platform for metaverse technology, and the stock took off. The metaverse is the latest buzzword in the investment space and refers to collaboration in the virtual world. An interesting, out-of-the-box trade idea is to place a one day covered call on NVDA. While there is downside risk if the stock mean reverts, selling an out-of-the-money call that expires in a day can provide a 1% return in less than 24 hours, while still allowing for upside in the stock.

"I love you, Jay! I went from a $7,000 portfolio to $50,000 literally OVERNIGHT!"

I woke up to this message in my inbox on Feb 20th when our E*Trade option skyrocketed 1,420% in 9 days. One member profited $43,000 literally overnight. We then closed on WMT for a quick 178% gain and then XLB for 222%. I'm sending out these opportunities every month. Click here to see what to do to get my next trade.