Swing Traders Win in Both Directions – $NVDA

In our TNT Options trading service we discussed the stock price action in Nividia ($NVDA).

The stock, on April 24th was flirting with the 100 day Simple moving average.

Our call was to trade the stock in correlation with the market using the 100 day as the trigger line. So if it was trading above then buy or reverses with the market then sell when it goes below on the failure.

The 100 day SMA was $224.45.  The stock opened slightly above the 100 day and subscribers jumped in.

We then sent out an alert to make sure that everyone saw the market turning and to lock in profits!

The market and the stock dropped and subscribers were able to get into puts to trade the downside!

We then sent out an alert to roll the puts because of the quick downward price action!

For those of our subscribers that held the stock overnight, they were rewarded with a big drop off in stock price.

We quickly sent out an alert to roll or get out of the trade completely.

Some subscribers confirmed that they made 50% on the calls an 50% on the puts while others like Ron J. made 172% on the puts!