Crow Calls: Week of Jan 4
Options Tickers
Image 1. Crow Calls
Weekly Crow Calls
The previous Crow Calls special selected tickers that presented difficult, if not impossible, entries. While we were technically correct for the majority of the move, gold rallied ahead of the cash session. Putting our target entry prices out of reach.
As a rule, I don’t chase. And I always adjust expectations based on price action.
I skipped this series last week into the end-year tax loss harvesting, as well as a short trading week. I’m back at it with picks for the first full week of the New Year - but same rules!
Nvidia (NVDA)
With a close over 200, NVDA was a good chance at challenging the selling tails above and into new highs. A constructive close over 193 may set up the run, and we can make an attempt to be there - targeting that 200 with call options.
Image 2. NVDA daily chart
I lean towards an aggressive play. I would rather see a close above the ST pivot early in the week. Calculate delta accordingly (approx. 0.20 for Jan 16 and 0.25 for Jan 23).
If this trade works out, Jan 16 calls can be rolled to Jan 23 to take advantage of the whole move. I never roll more than half of my proceeds.
Aggressive:
Jan 16 200c at 1.30
Conservative, with not much more premium:
Jan 23 200c @ 1.95
Some other great plays, potentially taking advantage of geopolitical disruption, poised to erupt significantly in 2026. It will no doubt be a violent year.