Todd Gordon Is Bullish On Netflix And NVIDIA

On CNBC's Trading Nation, Todd Gordon said that Netflix, Inc. NFLX and NVIDIA Corporation NVDA are going higher and he suggested two options strategies as a way to make money.

Netflix traded higher after reporting better than expected earnings on January 18. Gordon analyzed the hourly chart an noticed a bullish flag pattern. He concluded that the stock might trade to $145 and he advised his viewers to buy a call spread in the name.

NVIDIA is going to report earnings on February 15 and Gordon wants to sell a put spread to make a bullish bet. He thinks that it is a good idea to sell put options in NVIDIA, because its implied volatility is currently elevated.