NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 165 and 175

Nvidia (NVDA) found support at 170 on Tuesday and that appears to be a key level moving forward. Today we’re looking at a broken wing butterfly trade that creates a profit zone between $165 and $175 with income potential of around $57. Yesterday, the stock closed around $177.82. More News from Barchart A broken wing butterfly with puts is a butterfly spread with long put strikes that are not at the same distance from the short put strike. A broken wing butterfly has more risk on one side of the spread ...