With earnings coming up, I want to invest in an Nvidia option, but the issue is, I can only afford one Nvidia call. Is VanEck Semiconductor ETF harmonious with Nvidia’s stock? I want to make sure I am investing in an ETF that increases along with Nvidia as closely as possible. Do you all have any suggestions for a better ETF?
Is VanEck Semiconductor ETF a good alternative to Nvidia?
byu/_SilentGhost_10237 inoptions
Posted by _SilentGhost_10237
3 Comments
NVDU
This is what I’m doing, my logic is less iv crush and I think if nvda beats it will bring the whole sector up with it. Could be very wrong though
Well, 20.8% of SMH is NVDA, so there will certainly be a correlation, but I wouldn’t try a short-term earnings play on NVDA that way.