Power Plays Options Update: Trim NVDA Calls
May 8, 2025
By Scott Redler
NVIDIA (NVDA) rallied yesterday afternoon and into this morning on President Trump rescinding global chip curbs.
So we'll take this action for Power Plays Options:
- Trim half the NVDA 5/16 $116 Calls
We added these at $2.73 on Tuesday because the technical setup pointed to a surge in the stock.
And here we have it, though it came from a surprise catalyst.
So the smart move is to take advantage of the strength.
-Scott
P.S. The Trade Desk (TTD) is up nicely into earnings today, so stay tuned for a possible alert on our TTD 5/16 $55 Calls.
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