high beta stocks

Big Wave Surfing: A Risk-Defined Trade for Nvidia ($NVDA) Earnings

Nvidia’s upcoming earnings report presents a prime opportunity for a long strangle options strategy. With recent market volatility and strong fundamentals, including tripled revenue and high demand, investors can buy one September $96 put and two September $120 calls. This strategy aims to capitalize on Nvidia’s price movements, balancing risk and potential gains effectively.