NVDA

NVDA

NVIDIA Corp
Semiconductors
$239.24 +0.15% As of Oct 6, 9:01 PM
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Trade Idea

Strategy
Bull Call
Strikes
$235/240
Expiration
Nov 6
Target ROI
100.0%
Trade Reasoning
The current stock price of NVDA at $239.24 is just below the lower strike of $240, making this a favorable entry point for a Bull Call Spread as the stock is poised for upward movement. The absence of technical risk factors supports this bullish sentiment, allowing for a clean entry without immediate overhead resistance. The ATM spread structure maximizes the risk/reward ratio, providing an opportunity for significant returns on a minimal investment while adhering to disciplined trade management principles. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

NVDA Rides Bullish EMAs Higher to $239.24

Bullish
Oct 6, 2026 at 9:01 PM • $239.24 (+0.15%)

NVIDIA Corp (NVDA) closed up 0.15% at $239.24 on October 6.

From a technical standpoint, the outlook appears bullish:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($232.13) supports, 21-day ($227.17) below.
Momentum RSI at 67.2 is in neutral territory but trending higher. MACD is bullish (4.69 vs signal 3.31).
Volatility Bollinger Band width at 13.6% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Support sits at $209.54 with resistance at $240.24.

NVDA Extends Rally on EMA Support Near $238.90

Bullish
Oct 5, 2026 at 9:01 PM • $238.90 (+2.12%)

Moving Averages Propel NVDA to $233.95

Bullish
Oct 4, 2026 at 12:12 AM • $233.95 (+1.34%)

NVDA Holds Bullish Structure Above $233.95

Bullish
Oct 3, 2026 at 12:16 AM • $233.95 (+1.34%)

NVDA Rallies to $233.95 on Bullish EMA Alignment

Bullish
Oct 2, 2026 at 9:01 PM • $233.95 (+1.34%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 30
Trade Date Oct 6, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.