$AMD Net Option Delta Today = +1.29m shares https://t.co/lB4nQEH5F1
$NVDA Millions Worth of Far OTM Call LEAP Buyers https://t.co/PvUQXvCc6r
For those who bought $nvda $147 calls when we talked about them a Monday @StocksOnSpaces @WOLF_Financial at .70C. They are $6ish to trim more
Nvidia shares advanced more than 3% on Wednesday, trading above $150 for the first time and inching toward a new all-time high. The move extends a run that has left the chipmaker among the market’s strongest performers this month. Options activity surged alongside the stock. Call open interest increased by about 7.37 million contracts, outpacing a 5.74 million-contract rise in puts, according to flow data compiled by TipRanks. Aggregate positioning translated into a net options delta of roughly +7.3 million shares, signaling that dealers may need to buy stock to balance their books. The busiest line was the July 25 $146 call, which drew roughly 62,000 contracts. One transaction highlighted the day’s bullish tone: a trader bought and later closed the strike for a 6% gain, turning a $17.58 million outlay into a $1.016 million profit. Nvidia’s rally—its sixth advance in the past seven sessions—comes amid heightened interest in semiconductor names and underscores investors’ willingness to pay up for exposure despite broader market volatility.
