Smart Money Is Betting Big In NVDA Options
Portfolio Pulse from Benzinga Insights
Significant options trading activity has been observed in NVIDIA (NASDAQ:NVDA), with a mix of bullish and bearish sentiment. A total of 303 unusual options trades were detected, with 230 calls and 73 puts, indicating a potential price window of $100 to $187. The current NVDA stock price is $133.22, up by 1.23%.
October 16, 2024 | 2:34 pm
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POSITIVE IMPACT
NVIDIA has seen a surge in unusual options trading activity, with a majority of trades being bullish. This suggests that investors are anticipating potential upward movement in the stock price, currently at $133.22.
The detection of 303 unusual options trades, with a majority being calls, indicates a bullish sentiment among investors. The current stock price increase of 1.23% further supports this outlook. The options activity suggests that investors are expecting significant price movements, potentially within the $100 to $187 range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100