#TradFi交易分享挑战 Nvidia at $220 has become Wall Street's most awkward stock

Nvidia's earnings report, with both revenue and profit smashing expectations in Q1, also announced an $80 billion stock buyback plan. In the past, wouldn't this have directly sent the stock soaring? But now, the stock price hovers around $220, glued to the level, stubbornly refusing to move up.
Why? Simply put, the market's surprise threshold for Jensen Huang has been raised too high. Growth that used to be several times higher now "only" reaches 85%, and people are surprisingly thinking, "Is that all?" Even more painfully, Huang Renxun personally admitted to essentially giving up on the Chinese market. Without this new narrative, how can valuation continue to expand? The options market is even worse. Short-dated options have become worthless, with both bulls and bears suffering losses, and a chorus of wails.

Nvidia: Stuck at $220
From a technical perspective, Nvidia is now stuck in a narrow range between $215 and $230, like a drunkard wandering at a crossroads. Options market makers are in a "long gamma" position, with institutions heavily selling call options, suppressing volatility. That’s why, despite the earnings shock, the stock refuses to fluctuate significantly.
Key levels:
$230: The psychological barrier bulls must reclaim; breaking through could see $250
$215-$218: First support, a strong correction if not broken
$200/$196: If it falls below $215, the gap and dense trading zone below are waiting
Don’t blindly hold large positions now; be patient and wait for a clear direction. The balance of power between bulls and bears at this level is very delicate, and betting on the wrong side can be costly.
This is for reference only, not investment advice!$NVDA