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[Options Premium] Wide Iron Condor in NVDA

By Sean McLaughlin

April 24, 2024
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The hangover from the massive ramp in NVIDIA $NVDA is shown pretty clearly in the current premiums in out-of-the-money options.

The big moves -- in both directions -- are still fresh memories for all participants in this stock over the past several months.

This sets up an opportunity to put on a high-probability bet that the range in $NVDA will consolidate a bit here.

 

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Sean McLaughlin

Chief Options Strategist, All Star Charts

Since 2018, Sean has served the financial community as Chief Options Strategist for All Star Charts, sharing his unique style of options trading, leveraging the best-in-class technical analysis offered by the All Star Charts research team.

In all endeavors, Sean has been consistent in building a support system around himself and for others that he wishes he had when he started out back in 1998.

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