NVDA is currently underpriced.
NVDA is only up about 7% YTD and about 12% down from ATH, while the semiconductor have exploded upwards of 70% this year, right now experiencing a mass selloff. Soon, the market will start to readjust and buy back into tech. NVDA simply has too much demand despite worry about overpricing and competition.
Bought $200 calls at today’s low, could have been early sure, but late August earnings report hype and general buybacks into AI and big tech will shoot NVDA to ATH.
