NVDA: Ready for a Gamma Squeeze or Cooling Off? Here's the Setup You Need 🎯
Options Sentiment (GEX Analysis):
NVDA is trading around $163.35 and sitting just above the Gamma Wall at $162.50, which also marks the highest positive NET GEX zone—a key resistance created by dealer positioning. Above that, the second CALL Wall is stacked near $165, with further resistance layering in toward $170 and $172.50.
Below, there’s a liquidity pocket around $157.50 (HVL zone), and deeper PUT support doesn’t come in until $152.50–$151.00.
* GEX: Bullish leaning (CALLS 2.6% domination, GEX bar fully green)
* IVR: Low at 5.9, and IVx Avg 38 → Options are relatively cheap.
* Sentiment: Leaning bullish with potential for a gamma squeeze if momentum builds above $165.
🟢 Strategy Suggestion:
Consider 160C or 165C weekly calls (with tight spreads) if NVDA holds above $162.50 and breaks through $165 with volume. A gamma squeeze toward $170 is on the table. Risk-managed PUTs (e.g., 158P) only if price flushes back below $160 support with momentum.
1-Hour Chart Technical Outlook:
NVDA has broken out of the previous range, flipping internal structure bullish. The CHoCH and BOS confirm trend change earlier this week, and the price is now consolidating just under a resistance zone (purple box) near $164.
Support below is layered at:
* $160 (broken resistance, now key support)
* $158.05 (previous structure low)
* $152.00–151.00 (demand zone + GEX support alignment)
Resistance:
* $164.41 (current high)
* $167.50, $170, $172.50 (GEX option walls)
Structure is showing a rising wedge/channel pattern; however, we’re still trending strong with clean higher lows.
🟢 Long Trade Setup (Bullish Continuation):
* Entry: Above $164.50 with breakout confirmation
* Target: $167.50 → $170
* Stop: Below $160 (or tighter below $162.50 based on risk appetite)
🔴 Short Trade Setup (Reversal Scenario):
* Entry: Breakdown below $160 with rejection from $163–$164
* Target: $158 → $152 zone
* Stop: Above $165
My Thoughts:
NVDA is sitting in a key decision zone. As long as it holds above $162.50, bulls have the edge to push this higher into the next GEX walls. Watch for confirmation on $164.50 breakout for continuation. If it fakes out and drops below $160, that would likely trigger a downside flush to $158 or lower.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
Options Sentiment (GEX Analysis):
NVDA is trading around $163.35 and sitting just above the Gamma Wall at $162.50, which also marks the highest positive NET GEX zone—a key resistance created by dealer positioning. Above that, the second CALL Wall is stacked near $165, with further resistance layering in toward $170 and $172.50.
Below, there’s a liquidity pocket around $157.50 (HVL zone), and deeper PUT support doesn’t come in until $152.50–$151.00.
* GEX: Bullish leaning (CALLS 2.6% domination, GEX bar fully green)
* IVR: Low at 5.9, and IVx Avg 38 → Options are relatively cheap.
* Sentiment: Leaning bullish with potential for a gamma squeeze if momentum builds above $165.
🟢 Strategy Suggestion:
Consider 160C or 165C weekly calls (with tight spreads) if NVDA holds above $162.50 and breaks through $165 with volume. A gamma squeeze toward $170 is on the table. Risk-managed PUTs (e.g., 158P) only if price flushes back below $160 support with momentum.
1-Hour Chart Technical Outlook:
NVDA has broken out of the previous range, flipping internal structure bullish. The CHoCH and BOS confirm trend change earlier this week, and the price is now consolidating just under a resistance zone (purple box) near $164.
Support below is layered at:
* $160 (broken resistance, now key support)
* $158.05 (previous structure low)
* $152.00–151.00 (demand zone + GEX support alignment)
Resistance:
* $164.41 (current high)
* $167.50, $170, $172.50 (GEX option walls)
Structure is showing a rising wedge/channel pattern; however, we’re still trending strong with clean higher lows.
🟢 Long Trade Setup (Bullish Continuation):
* Entry: Above $164.50 with breakout confirmation
* Target: $167.50 → $170
* Stop: Below $160 (or tighter below $162.50 based on risk appetite)
🔴 Short Trade Setup (Reversal Scenario):
* Entry: Breakdown below $160 with rejection from $163–$164
* Target: $158 → $152 zone
* Stop: Above $165
My Thoughts:
NVDA is sitting in a key decision zone. As long as it holds above $162.50, bulls have the edge to push this higher into the next GEX walls. Watch for confirmation on $164.50 breakout for continuation. If it fakes out and drops below $160, that would likely trigger a downside flush to $158 or lower.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.