Intraday Brief·NVDA·May 12, 2026

NVDA PUT +$2.95 (+295F) in 115m — volatility squeezed then breakdown held

The $220.33 NVDA PUT (entered 9:55am, exited 11:50am at $217.38) made +$2.95 while the market started in a tight range (bands tightened) and then expanded lower after the signal. Momentum and breakdown got confirmed as the bearish move strengthened: volume spiked at 9:40am with no bullish support below, momentum flipped with a DI+ win at 10:10am, then price broke below the opening range low at 10:25am ($218.86) as volume picked up again and the move followed through into the 11:25am peak.

By Z3Gamma

NVDA’s 9:55am PUT at $220.33 paid +$2.95 by the 11:50am exit at $217.38, a 115-minute hold that captured 60% of the session’s best close-to-close move after a $4.88 max MFE at 11:25am. Z3 didn’t light immediately, but the bearish cape fired at 10:30am and stayed active for 7 bars, with the strongest reading hitting -2.08 at 11:20am as downside momentum finally got real teeth. The move got confirmed the right way: a 9:40am overhead volume anchor sat in the loft with no bull anchor underneath, bands had tightened into the open, DI- took control at 10:10am, the Kijun flip hit at 10:20am, price broke below the IB low at 10:25am at $218.86, and volume/expansion started backing the breakdown from 10:00am through 10:40am. It wasn’t clean early, with price pushing $0.80 against the put by 10:00am, and it took the full 115 minutes before the trade had 10F to show, then gave back $1.93 from the peak into exit.

Verdict: messy but valid, definitely not a free ride, and while the hold was theta-expensive the structure was good enough to make the patience worth it.

May 12, 2026 · Entry 9:55am → Exit 11:50am · +$2.95. · 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 11:50am at $217.38. Total profit +$2.95.

PAINPrice pulled $0.80 against the position (worst at 10:00am). Gave back $1.93 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), 11:15 am–11:20 am (2 bars, active).

COMPRESSIONBands compressed before entry: 9:30 am–9:35 am (2 bars). No compression during the trade.

EXPANSIONNo expansion in the 5 bars before entry. Expansion during the trade: BBW+STD at 10:00 am, BBW red 10:35 am–11:20 am (10 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. 5 favorable bars, 7 total cape bars during the trade. Peak Z3: -2.08 at 11:20 am.

DMINo DMI compression in the 5 bars before entry. DMI compressed during the trade: 10:10 am–10:20 am (3 bars), at 11:35 am, at 11:50 am. DI- won at 10:10 am, 3 bars after entry.

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

RESULTTotal profit +$2.95. Max MFE +$4.88 at 11:25 am ($215.45). Captured 60% of the move.