$NVIDIA(NVDA)$ Running this through SpotGamma tools.
NVDA — the mechanics behind the scene suggest the market is entirely unhedged for an extended move higher, which makes an expansion day highly probable.
IV Rank is at 0.16%. Implied volatility is completely bottomed out. Options premiums are dirt cheap, indicating market makers are not charging a premium for an explosive move. Cheap options make it very easy for retail and institutional momentum traders to pile into intraday weekly calls.
Put/Call OI Ratio of 0.88. Volume and open interest are structurally leaning toward the call side.
Options implied move is $4.32.
The long squeeze trigger: NVDA is trading above the $230 Call Wall. Negative gamma accelerates rapidly past this point and will force an ongoing, mechanical gamma squeeze. There is zero structural overhead options resistance above $230, which can easily magnetize the price toward $235 and $240 before the closing bell.
The failure / trailing stop level: if the stock loses momentum and falls back below the daily implied move threshold of $229.40, the expansion day thesis is invalidated.
Not investment advice. This is my observation and setup for longs.
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