AMD Into Earnings: The Pre-Earnings Momentum Play – Copy
I just entered a new options position in NVDA. The squeeze has been consolidating for a long time and it is finally showing a shift in momentum to the upside. With earnings on the 26th, the Hot Zone data says this ticker averages about 7% higher during this window. There is real resistance between $215 and $220, but if the squeeze pushes it through, I am looking at $230 to $235 before the report. I bought long calls in the earnings series.