Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance This week we held a special event around Nvdia (NVDA) earnings. We wanted to show attendees that there were several ways to play the earnings release besides buying NVDA shares for $970. Those who joined us in The War Room used a unique strategy called a strangle. What we look for when it comes to these types of situations is not how to play the obvious (betting whether the stock will go up or down on earnings day), but how to use a vehicle that no one else is thinking about but has a very strong correlation. |
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