DailyPlay – Portfolio Review – May 12, 2025

DailyPlay Portfolio Review

Our Trades

NVDA – 11 DTE

We remain bullish on NVDA given its strong fundamentals. This week, we adjusted the position by selling a May 23, $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.

PINS – 39 DTE

Bullish Debit Spread – Pinterest, Inc. (PINS) – Following this week’s earnings release, Pinterest posted a strong upside move. Our position is currently profitable, and with momentum on our side, we plan to maintain the position for now.

SPY – 39 DTE

Bearish Credit Spread – SPDR S&P 500 ETF (SPY) – Since establishing this position, not much has happened and we are currently up slightly.

WMT – 39 DTE

Bearish Credit Spread – Walmart Inc. (WMT) – Walmart has shown weakness in an otherwise flat market this week. We are profitable on the position and intend to stay the course for now to see if the downside momentum can build.