Tuesday, October 15, 2024

Buying NVDA, AAPL & How the A.I. Rally is "Broadening Out"

Here is the link.

Matt Tuttle believes we're still experiencing the first innings of the A.I. game. He urges investors to keep an eye on Nvidia (NVDA) dips, but also says Apple (AAPL) is a stock with exponential room for growth. He also describes how the A.I. rally is "broadening out" in the market.

7:04/ 12:25

Matt Tuttle, CEO and CIO, Tuttle Capital management


NVIDIA

Example trade

3 leg, customized spread

  • Trade type: Buy call vertical, sell a put
  • Direction: Bullish
Example trade

  • Strikes
    • buy Nov. 15 $125 CALL
    • Sell Nov. 15 $135 CALL
    • Sell Nov.15 $120 CALL
    • Credit: $0.75
  • Breakeven: $119.25
ALPHABET
Example trade

  • Strikes
    • Sell Oct. 18 $167.5 CALL
    • Buy Oct. 18 $177.5 CALL
    • Sell Oct. 18 $167.5 PUT
    • Buy Oct. 18 $157.5 PUT
    • Credit: $5.40

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