Nvidia (NVDA) is the word of the week after news involving CEO Jensen Huang sent the stock sharply lower. Scott Bauer joined Business First AM to say whether he thinks it has bottomed, share the move he made in his own account, and explain why he expects volatility to stick around into year end.
Scott covers:
- How much Jensen Huang is worth to NVDA and the entire AI trade
- Whether NVDA has already bottomed
- The personal move Scott made in NVDA
- Why the market shrugged off a potential black swan
- The VIX level he expects to hold into year end
What if you knew how far a stock was likely to move… Before it moved?
Sounds like a magic trick. It’s not.
Options pros do it every single day.
It’s math, and the math has been around for decades.
It even won a Nobel Prize.
Scott Bauer learned it the hard way.
Early in his career, he lost 20,000 dollars in a single day.
That’s the day he stopped guessing.
What he built afterward is a 3-step way of sizing up a stock’s likely move before he does anything.
He tells the story, and explains the three steps, on the next page.
