Intraday Brief·NVDA·May 12, 2026

NVDA PUT +$2.87 (+28F) in 75m — volatility squeezed then broke down

Bands tightened into the 9:55am trigger, but price had to grind $0.80 against you before the move finally caught. Momentum flipped and seller control was confirmed with rising downside volume, the opening-range break at $218.86 after 10:25am, and accelerating weakness through the afternoon hold into 11:10am.

By Z3Gamma

NVDA’s 9:55am PUT at $220.33 exited at 11:10am at $217.47 for +$2.87, a 75-minute hold that captured 96% of the best available move. Z3 didn’t fire right away, but the bearish cape lit up at 10:30am and peaked immediately at -2.07, telling you momentum had finally shifted from setup to real downside drive. The move got validated in layers: a bear volume anchor from 9:40am sat overhead with no bull anchor below, bands had already tightened into entry, sellers took control on DMI at 10:10am, the Kijun flip hit at 10:20am, price broke the IB low at 10:25am at $218.86, and volume plus downside expansion kept pressure on through the second half of the trade. It wasn’t clean early, with price pushing $0.80 against the position by 10:00am, and it took 75 minutes before the trade showed 10F, so this definitely made you sit through heat before paying.

Verdict: messy start, clean finish, but the confirmations stacked so well after 10:10am that the hold was worth it and the exit was sharp.

May 12, 2026 · Entry 9:55am → Exit 11:10am · +$2.87. · Z3Gamma

Trade Data

INITIAL E1

COMMANDERBear MIDAS anchor at 9:40am. 3 bars before entry. anchored in the loft. no bull MIDAS below. 3 knights.

PROFILEE1 fired in the cellar. Already above VPOC at entry. Already above TPOC at entry.

KYROPUT [HOLD] entered at 9:55am at $220.33. Exited at 11:10am at $217.47. Total profit +$2.87.

PAINPrice pulled $0.80 against the position (worst at 10:00am). Gave back $0.12 from peak before exit.

KNIGHTVolume spike before entry: at 9:40 am (present). Volume during the trade: 9:55 am–10:00 am (2 bars, present), 10:40 am–10:50 am (2 bars, active).

COMPRESSIONBands compressed before entry: 9:30 am–9:35 am (2 bars), at 9:50 am. Compression during the trade: at 9:55 am.

EXPANSIONNo expansion in the 5 bars before entry. Expansion during the trade: BBW+STD at 10:00 am, BBW red 10:35 am–11:10 am (8 bars).

KINGDOMEntry 2 (E2) — position sizing: Kijun crossed below at 10:20 am, 5 bars after E1.

RANGE EXTEntry 3 (E3) — range extension: price crossed below IB low at 10:25 am at $218.86, 6 bars after E1.

Z3Z3 bearish cape activated at 10:30 am, 7 bars after E1. 3 favorable bars, 3 total cape bars during the trade. Peak Z3: -2.07 at 10:30 am.

DMINo DMI compression in the 5 bars before entry. DMI compressed during the trade: 10:10 am–10:20 am (3 bars). DI- won at 10:10 am, 3 bars after entry.

SYNCHRONYBreakthrough zone: 10:00am–10:40am — Z3 cape fired, Z3 peak, E2 Kijun cross, E3 range extension, DI+ won, volume spike, BBW+STD expansion, BBW red expansion.

RESULTTotal profit +$2.87. Max MFE +$2.99 at 11:00 am ($217.34). Captured 96% of the move.