Hey everyone! Let's chat about NVIDIA Corporation(NVDA.US). The stock's been in a bit of a holding pattern, but there are some exciting catalysts on the way. 🎉

First up, we've got the GTC conference on October 28. This could be a major turning point for NVIDIA. Plus, at the end of October, big players like Microsoft Corporation(MSFT.US), Amazon.com, Inc.(AMZN.US), and Alphabet Inc. Class A(GOOGL.US) will release their earnings. These cloud giants are key drivers of AI infrastructure spending, which directly impacts NVIDIA's GPU demand. 📈

On the longer-term front, NVIDIA is doing great with Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR(TSM.US)'s CoWoS advanced packaging. According to HSBC, NVIDIA's capacity allocation at TSMC is set to jump from 480,000 to 700,000 wafers by FY2027🤯

If you're bullish on NVIDIA post-catalyst, consider buying call options or using a call spread strategy. Here's a quick breakdown of the call spread:

Strategy Logic: This is a moderately bullish options strategy. You buy and sell calls with the same expiration but different strike prices. Selling a call helps offset the cost of buying one, reducing your initial outlay.

How to Execute: Since the catalysts are happening at the end of October, choose options expiring after November. In my example, I used: buy NVDA 071125 C 185 and sell NVDA 071125 C 195. Buy a call at a target price you think NVIDIA can hit, and sell a call at a higher strike to manage costs and potential gains.

Breakeven Point: In our example, your max loss is the net cost of around $359. Max profit is $641 if the stock exceeds $195. Breakeven is at $188.59. 📊

Stay tuned and happy trading! 💡