Target Profits Between $165 and $175 with a Broken Wing Butterfly on Nvidia Stock

Nvidia (NVDA) found support at the 200-day moving average, around $175 on Wednesday 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 $75. Yesterday, the stock closed around $183.04. 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 ...