NVDA GEX Analysis for Options Trading. Jul 7

Gamma Exposure (GEX) Insights – July 5, 2025
* 📍Key Gamma Wall (Resistance):
→ 160.98 — Highest positive GEX level (strong call wall / gamma resistance).
→ 162.5 — Next large call wall, acting as a magnet or rejection pivot.
→ 165 / 170 — Thin GEX above = squeeze zone if breakout occurs.
* 🧲 Support Side:
→ 152.5 – 150: HVL + Put Support + GEX pocket.
→ 140: Second PUT wall, deeper support if breakdown worsens.
* 📉 IV Sentiment:
→ IVR: 5.6, IVx avg: 37.9 = Low implied volatility.
→ Current IV crush environment favors debit call spreads or directional long calls with tight risk.
* 📊 Call/Put Flow:
→ Calls: 3.3%, Puts: -0.53%
→ Slight bullish bias but not overcrowded — room for gamma expansion.

🔄 Options Trade Setups Based on GEX
Bullish Gamma Squeeze Setup:
🟢 Trigger: Price breaks and holds above 161.
🧨 Target: 165 → 170 (thin GEX zone could cause sharp move).
🛡️ Strategy: Buy 160C / Sell 165C (debit spread) or long 162.5C with defined stop.
⛔ Stop: If NVDA fails to hold above 158.
Bearish Gamma Rejection Setup:
🔴 Trigger: Rejection at 160.98–162.5 zone with volume fade.
🎯 Target: 156.5 → 152.
🛡️ Strategy: Long 160P / Short 155P (bear put spread) or short 162.5C naked if IV allows.
⛔ Stop: Breakout above 162.5 invalidates this setup.

📈 1-Hour Chart Technical Analysis

Structure & Price Action:
* NVDA is in bullish market structure, forming higher lows with a clean CHoCH → BOS → retest play.
* It reclaimed the 159.20 level and is testing the 160.98–162.5 zone — a key area where momentum traders will engage.
Zones to Watch:
* Support:
→ 156.68 (minor swing support)
→ 153–152 OB zone (valid bullish OB + HVL)
* Resistance:
→ 161–162.5 (GEX resistance + supply)
→ Above 162.5 opens room to 165+
Trend & Volume:
* Strong bullish candle breaking BOS.
* Volume picked up during BOS, but follow-through needs to come with breakout candles or retest hold.

🔍 My Suggestions for Intraday/Swing Traders:
✅ Bullish Setup:
If NVDA holds above 159.20 and reclaims 161, enter on retest of 160.50.
TP1: 162.5
TP2: 165
SL: Below 157.80
❌ Bearish Setup:
If price gets rejected near 162 and breaks below 157.80 → short retracement to 153.
TP1: 156.5
TP2: 152
SL: Above 162.50
My View:
Currently bullish bias but entering a decision zone. Wait for clean breakout with volume, or short rejection if momentum fades. Keep GEX in mind — above 162.5 has little resistance and can rip.

This breakdown is for educational purposes only and not financial advice. Always manage your risk before taking a trade.