May. 18 at 4:54 AM
$NVDA I posted about
$DAMD about
$AMD last week on my profile, you all ignored it, I'm up 20% on that trade.
The same thing is happening on
$NVDQ for
$NVDA.
Do you see how institutions have loaded up calls for Jun 18th expiration?
This means they're mainly net short
$NVDA and protecting upside convexity.
This doesn't mean permabear pessimist on
$NVDA... it means the next month or two I expect a sell off across all semi's, but for sure
$NVDA.
It also doesn't take much talent to see the Sell Side Absorption on
$NVDQ with historic record volumes piling into this. When you delve further into this weekly chart, you see that the peak
$NVDQ position was loaded up on the ATH candle of
$NVDA on Thursday.
Make of all of this what you will... seriously congrats bulls on your run. This is a temporary pull back shaping up. The dip will be juicy.
1.7m calls protecting upside... 1.5m puts protecting downside.
Either
$NVDQ around 10 with
$10 puts backing it, or
$200 OTM Jun 18/2026 puts CAN work well here.
