Trade of the Week: NVDA | Investors Alley

Trade of the Week: NVDA

November 26, 2024 6:00 am by Jay Soloff

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This week, we are doing a covered call analysis on NVIDIA (NVDA).

The stock price has been in a bullish trend for several months.

Recent earnings results suggest the bull trend could continue, or at least the stock may stick in a sideways pattern for the time being.

We are looking at NVDA because there is a single stock covered call ETF from YieldMax, NVDY, which could be (or could not be) an interesting addition to the portfolio in my ETF Income Trader service.

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Trade of the Week: NVDA

A new system to collect and extra $3,095 before December 31st