DailyPlay – Trade Adjustment (NVDA) Closing Trade (INTC) – May 07, 2025

Closing Trade

• INTC – 55.81% gain: Buy to Close 17 Contracts (or 100% of your Contracts) May 30 $21/$23 Call Vertical Spreads @$0.38 Debit. DailyPlay Portfolio: By Closing both Contracts, we will receive $646. We initially opened these 17 Contracts on April 24 @ $0.86 Credit. Our gain on this trade, therefore, is $816.

NVDA Bullish Trade Adjustment Signal

Investment Rationale

We remain bullish on NVDA due to its dominant position in AI and data center growth. Fundamentals remain strong, with exceptional earnings and revenue prospects. We continue to hold the Sep 19, 2025, $90 Strike Call and plan to sell a May 23, 2025, $125 Strike Call against it to create a diagonal spread. This trade captures short-term premium while maintaining long-term upside, aligning with a neutral to moderately bullish outlook. NVDA is set to report earnings on Wednesday, May 28, and we selected the May 23 expiration to avoid exposure to this potential catalyst. 

Position after the adjustment – Bullish Diagonal Spread
Long Sep 19, 2025, $90 Strike Call
Short May 23, 2025, $125 Strike Call 

NVDA – Daily

Trade Details

Strategy Details

Strategy: Selling a Call – Creating a Long Call Diagonal

Direction: Bullish Call Diagonal

Details: Sell to Open 1 Contract NVDA May 23 $125 Call @ $0.93 Credit per Contract.

Total Risk: This trade has a max risk of $2,897 ($2,990-$93). The initial cost basis of $2,990 less the premium received of $93.

Trend Continuation Signal: This is a bullish trade on a stock that is expected to continue higher over the duration of this trade.

1M/6M Trends: Bullish/Neutral

Relative Strength: 3/10

OptionsPlay Score: 90

View NVDA Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Tuesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View NVDA Trade