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David Bartosiak's NVIDIA Corporation Trade

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David Bartosiak of Zacks.com shared with the viewers of Bloomberg Markets his bullish options trading strategy for NVIDIA Corporation (NASDAQ: NVDA).

He explained that the company is getting into autonomous driving and he sees that as a positive catalyst for the stock. NVIDIA is going to post earnings on February 17 and Bartosiak wants to buy a call option that expires on February 19. Specifically, he wants to buy the February 28.50 call for $1.30.

The breakeven for the trade is $29.80 or 5.6 percent higher from the closing price on Thursday.

 

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Posted-In: Bloomberg Markets David Bartosiak Zacks.comOptions Markets Media

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