This Is What Whales Are Betting On NVIDIA
Portfolio Pulse from Benzinga Insights
A large bullish position on NVIDIA (NASDAQ:NVDA) has been spotted on publicly available options history. Benzinga's options scanner identified 33 uncommon options trades for NVIDIA, with 51% bullish and 48% bearish sentiment. Whales have been targeting a price range of $160 to $335 for NVIDIA over the last 3 months.
May 19, 2023 | 1:47 pm
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A large bullish position has been identified in NVIDIA's options history, with whales targeting a price range of $160 to $335 over the last 3 months.
The large bullish position spotted in NVIDIA's options history indicates that a significant investor or institution is expecting the stock price to rise in the short term. This could lead to increased buying pressure and a potential increase in the stock price. The targeted price range of $160 to $335 over the last 3 months also suggests that there is a wide range of expectations for the stock's performance, which could lead to increased volatility.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100