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Barchart
Barchart
Mark R. Hake, CFA

Nvidia Stock Surges Again - Attracting Unusual Stock Options Activity

Nvidia NVDA Yahoo Finance

Nvidia (NVDA) rose over $10 on July 18 to $474.94 per share, up over 2.22% on the day. Investors can't get enough of the AI chip company. This has attracted unusual stock options activity with massive volume with its put options.

After the market closed yesterday, Barchart reported in its Unusual Stock Options Activity Report that volume in put options for expiration on Aug. 25, 37 days from now, surged to over 9,800 contracts. Moreover, the strike price was significantly below the present price.

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