NVDA Forecast


Bullish Case: NVIDIA is benefiting from robust AI demand, leading to strong financial performance and market dominance. The contango term structure and recent data endorse upward momentum.


Bearish Case: Concerns include high valuation, competition from AMD, and regulatory risks. Economic downturns and reduced IT spending might dampen demand for high-priced GPUs.


Potential Outcomes: 55%: AI demand sustains NVDA growth; 30%: Competition pressures market share; 10%: Regulatory backlash impacts operations; 5%: Valuation concerns lead to corrections.


Trading Oracle: Execute a bullish call debit spread: Buy NVDA $130 call and sell NVDA $150 call expiring December 2024. This strategy leverages positive AI tailwinds, while capping downside risk. Optimize for IV drops shown in term structure, offering a high reward-to-risk with 75% PoP.


June 30, 2024


NVIDIA Forecast

NVDA      NVIDIA











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AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.96)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.96)



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FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.0)


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Assets that tend to move strongly against NVDA



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)


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UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.95)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.96)





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