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Barchart
Barchart
Mark R. Hake, CFA

Unusual Trades in Nvidia Options Ahead of the 10-for-1 NVDA Stock Split After June 7

NVDA Nvidia Barchart NTM

Today there is unusual activity in Nvidia Inc (NVDA) put options ahead of the 10-for-1 stock split which goes into effect after June 7. This highlights the fact that trading puts and calls will be easier to do for most investors.

The net result of this unusual activity is that NVDA is up about 3% today to $1,199.44 in midday trading on June 5. Moreover, in the last month and a half since April 22  when NVDA stock at $764 it has risen 56.8%. In addition, since May 22, when the company released its fiscal Q1 results, and announced the stock split, NVDA is up 26.2% from $949.50 per share.

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