Nvidia Earnings Today!

Hi Main Street beats Wall Street readers, I am well aware It’s been a while. On January 17th my life was sent into a tailspin–my wife was diagnosed with colon cancer. It was probably the toughest four months of my life but today my wife is doing very well; all glory be to God! I will be writing about these four months and how the stress prevented me from keeping up with my posting. However, I was making trades, I just didn’t have the time to post them. My trades were being made from home, in waiting rooms, even in traffic on our many trips to Sloan Kettering in NYC. Year to Date I am doing very well, up 25%. I will be writing all about those trades this week.

Today I wanted to get the ball rolling again with getting back into Main Street beats Wall Street. I figured today is a good day since Nvidia will be announcing their earnings after the closing bell. I wanted to post the trades I made in anticipation of this event.

I started buying options on May 19th. With the stock at $135 I bought 2 NVDA 12/19/25 $135 Calls at $21.20. You never know how the market is going to respond to such a huge company/stock when the earnings are released. Will they hit the “Street’s” number or miss the number? If they hit the number will the “Street” be happy with how much they hit the number by? No one knows what the stock is going to do after the close. I decided to protect myself with long term options. Whatever the number is I feel this stock is going to do very well in the next year. I started with the options mentioned above:

 

5/19/25 – Buy to Open 2 NVDA 12/19/25 $135.00 C @ $21.20

 

Yesterday I bought two more LEAPS options that will not expire until 2027.

 

5/27/25 – Buy to Open 2 NVDA 1/15/27 $135.00 C @ $35.85

 

Also yesterday I bought an option that will expire on 1/16/26

 

5/27/25 – Buy to Open 1 NVDA 1/16/26 $135.00 C @ $21.75

 

And for my final trade I did a Covered Call. I have owned 100 shares since June 2024 at $133.40. I decided to take in a little premium in the case the stock goes down after earnings.

 

6/18/24 – Buy 100 Shares NVDA @ $133.40 

5/28/25 – Sell to Open 1 NVDA 6/6/25 $145.00 C @ $2.50 (+$250)

 

Either way I think all of these trades will do okay. If the earnings do not hit the “Street’s” number I have plenty of time with my long options to recover. I feel they will all make me money. With my Covered Call, if the stock goes down I keep the premium and the stock. If the stock goes up my Strike Price is $145 so I’ll keep the premium and make some nice money on the stock.

Let’s watch and see, the earnings are coming out in a few minutes.

 

Successful trading,

Steve

The Options Coach