Loading...
|
To view this email as a web page, go here. |
|
|
LIVE AT 1 PM ET: JOIN US TO SEE HOW CHRIS IS TURNING OTHER TRADERS’ MISTAKES INTO DAILY PROFIT POTENTIAL Different Tactics for Turning Nvidia’s Correction Into a Profit MachineNvidia (NVDA) has seen a notable correction, dropping about 16% from its recent highs before Wednesday’s big rally. While some traders might panic at the sight of double-digit declines, this kind of movement is far from unprecedented for this stock. Back in July and August, Nvidia experienced a 35% correction, and even before that, we saw an over 40% drop during a broader market pullback. These swings might look extreme, but they present opportunities for those who know how to navigate them. Here’s how I’m approaching this: I’m ready to take the assignment if Nvidia’s price closes below $130 this week, which it was flirting with before today. If that happens, I’ll own 100 shares and use covered calls to turn this into a consistent income trade. My goal? Generate $5 to $10 per share, even if Nvidia goes sideways or dips further. This isn’t just about waiting for a recovery — it’s about actively managing the position to lower my cost basis and maximize gains. For example, if I can lower my cost basis to $120 per share and Nvidia rebounds to $130 or higher, I’ll lock in a solid return. And if the stock trades sideways, I’ll still collect premium from selling calls, creating a reliable income stream. It’s not flashy, but it works. Looking at Nvidia’s broader setup, we’re in correction territory — down over 10% from recent highs — but this is far from a bear market. Stocks in the Technology sector (XLK), especially leaders like Nvidia, tend to see volatility as the market adjusts to growth expectations. Nvidia remains at the forefront of the semiconductor industry and a key player in the Magnificent Seven, so I’m not worried about its long-term trajectory. Technically, Nvidia is nearing its 200-day moving average, which I mentioned back on Dec. 10 would likely come into play before the stock hits new all-time highs. This level often acts as a dynamic support zone, and I’m watching it closely for a potential bounce. If Nvidia can stabilize and start climbing back toward $140 or $150 — today’s 4% bounce, dead cat or not, already has it over $135 — this correction could turn into an ideal entry point for long-term investors. Now, let’s talk about the repair trade. If I end up holding Nvidia at $130, I’ll sell calls aggressively to capture premium and lower my cost basis. I’m not trying to squeeze every last penny out of this trade — I’m aiming for consistency. If NVDA hits $140, I’ll be happy with the income generated from the position. The bottom line? Nvidia’s correction is an opportunity, not a crisis. Whether it’s through selling premium, lowering cost bases, or riding the rebound, this stock offers plenty of ways to profit. You just have to stay patient — and a little tactical. I’ll be live with the great Roger Scott at 1 p.m. ET today to show everyone how I’m targeting daily profits when other traders are making mistakes. You can join the room here! I’ll see you in the markets. Chris Pulver Chris Pulver Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: https://t.me/+av20QmeKC5VjOTc5 *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. _______________________________________________LIVE NOW: A Mistake You Can’t Afford to Keep Making in Your Trading Roger Scott and Chris Pulver are in the LIVE room and they’re pulling back the curtain on how you can avoid the same mistake regular traders make while trading… Instead, you’ll see how you can leverage that same mistake and then turn it into an opportunity to target a payday every day… Naturally, no one can guarantee wins or losses, but this single mistake could cost you a lot unless you know the best way to navigate the option markets… And that’s exactly why they’re in the LIVE room now… So if you’d like to get all the full details, plus everything they’ve mapped out… Join Them Here at 1 PM ET!The profits and performance shown are not typical. We make no future earnings claims, and you may lose money. The trades expressed are from historical back-tested data from June 2022 through April 2024 combined with Chris’s live money trading from June 2024 through December 15, 2024 to demonstrate the potential of the system. The average winning trade during the backtested data was 14.3% while the average losing position was 65.3% per trade and a 89.8% win rate. _______________________________________________Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is an entirely free messaging app and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account: To download to your iPhone, click here. To download to your Android device, click here. After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop: Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, click here. To download onto your MacOS, click here. 3. Then add our channels by clicking these links! Lance Ippolito: https://t.me/+-gVwEIwGJhplMTgx Graham Lindman: https://t.me/+abM5RWRJKrpkNWI5 Roger Scott: https://t.me/+_vmfwkeP8fA5YWQ5 Jeffry Turnmire: https://t.me/+6TdDE7-F6GlhMmJh See you there! _______________________________________________ |
|
|
Disclaimer:
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. Unsubscribe |
Loading...
Loading...