NVDA breakout or breakdown?

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NVDA is trading at major resistance levels. Depending who you speak to, NVDA is about to breakout or breakdown. From a positioning perspective, it's a much higher probability to start looking for short entries up here. I don't see any point wishing luck for a long entry here. Don't chase it, wait for a pullback. Based on it's ATR levels the past quarter, the best time to go long NVDA is 3 standard deviations below it's SMA20 and short 3 standard deviations above it's SMA20. Also, NVDA stochastic is about to peak and therefore roll over in a few days.

3ATR resistance = 139
SMA20 = 122
-3ATR support = 106

Short 1 : 4 trade idea:
short = 139
stop = 143
profit = 123

Short options trade idea:
A) short call credit spread
11/15 expiry
sell 105 call
buy 130 call

B) short put
11/15 expiry
buy 135 put

C) Already invested 100 shares
11/15 expiry collar
sell 120 call
buy 150 put

NVDA options data:

10/18 expiry
Put Volume Total 303,946
Call Volume Total 536,585
Put/Call Volume Ratio 0.57
Put Open Interest Total 1,247,714
Call Open Interest Total 1,651,970
Put/Call Open Interest Ratio 0.76

11/15 expiry
Put Volume Total 61,504
Call Volume Total 147,008
Put/Call Volume Ratio 0.42
Put Open Interest Total 1,083,844
Call Open Interest Total 1,060,778
Put/Call Open Interest Ratio 1.02

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