Sell Alert: Take Gains on NVIDIA Puts

We noted in our buy alert earlier this month that investors might sell NVDA ahead of the company’s May 25 quarterly report in anticipation of management cutting revenue guidance. But we also wouldn’t be surprised if NVIDIA’s popular CEO reignites enthusiasm for the stock. With the stock trading lower heading into earnings, let’s sell now ahead of the report for a nice gain after three weeks.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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