Option traders moderately bearish in NVIDIA (NVDA), with shares down $7.28 near $171.40. Options volume roughly in line with average with 2.47m contracts traded and calls leading puts for a put/call ratio of 0.7, compared to a typical level near 0.71. Implied volatility (IV30) is higher by 4.2 points near 38.63,and below the 52wk median, suggesting an expected daily move of $4.17. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- AI Daily: Shield AI buys Aechelon, Apple to open Siri to third party AI
- Private Markets: OpenAI raises additional $10B funding
- Microsoft (MSFT) Stock in Deep Slump — Analysts See 55%+ Upside
- AI Traffic Overtakes Human Activity Online as Automation Reshapes the Internet
- Trump Trade: Zuckerberg, Ellison, Huang named to Trump’s tech panel