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Barchart
Barchart
Will Ashworth

Camping World’s Unusual Options Activity Suggests It’s Ready to Go for a Drive Higher

Camping World CWH Marcus Lemonis Nvidia Company

As I write this before Thursday’s trading begins, the worst-kept secret is out: Nvidia (NVDA) blew through its Q4 2024 results, sending its shares up 14% in pre-market trading. Several analysts significantly raised its 12-month target price. The company believes it has a long runway of AI growth in fiscal 2025 and beyond. 

As usual, many NVDA options exhibited unusual activity in Wednesday's trading leading up to earnings. Interestingly, only two had Vol/OI ratios greater than 10. They were two of 99 with Vol/OI ratios greater than 10.

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