Power Plays Options
New Idea: NVDA Calls
May 27, 2025
By Scott Redler
Nvidia (NVDA) reports tomorrow and I see a strong chance of a post-earnings rally. So I'm adding this position to Power Plays Options:
- Long NVDA June 6 $140 Calls
These calls look good in the $3.80 to $4.20 area (or lower).
The flurry of recent AI deals in the Middle East and elsewhere could support stronger-than-expected guidance, which could be a major catalyst.
Be aware that in keeping with our strategy, if the stock runs up into earnings, I might want to take some off.
-Scott
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