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- NVIDIA Earnings: Why Smart Money Just Bought 4,000 Puts at $85
NVIDIA Earnings: Why Smart Money Just Bought 4,000 Puts at $85
(New Market Video Update)
Hey there, Brandon here.
We're stuck in what I call the "squishy middle" - that treacherous zone where you think you've got direction figured out, then BAM... the market throws you a curveball.
Case in point: 20 minutes before the close, we were sitting right back against the highs with NVIDIA earnings dropping after the bell. The options market was pricing a massive 6.2% expected move - that's $8.30 on a $135 stock.
But here's what caught my eye today...
• Why someone just dropped serious cash on 4,000 NVIDIA puts at the $85 strike for June 27th expiration - and what this "insurance policy" tells us about tonight's real risk
• How the Chinese yuan's recent surge against the dollar is setting up a major trade opportunity in FXI (Dawn already positioned today)
• Why the "diminished forward earnings expectations" could make even a BEAT feel like a miss - and how to position for asymmetric downside
• The specific volatility skew signals I'm watching that suggest upside surprise = +$8, but downside miss = -$16
• My "Ghost Prints" system's latest institutional positioning in EFA and EWG - massive put sweeps that nobody's talking about
Look, in this squishy middle, sitting idle is the kiss of death. You need defined-risk strategies that work whether we gap up to $140 or crater toward $120.
In today's market video, I walk through exactly how I'm positioning for both scenarios, including the specific strike prices and expiration dates I'm targeting.
Stay engaged,
Brandon Chapman
P.S. Nvidia releases earnings tonight at 4:20 PM ET, join Garrett Baldwin live as he breaks it down.
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