Nvidia Speaks Out Against New US AI Chip Export Controls
Jan 14, 2025
NVIDIA Options Activity Analysis for December 24
Recent trends in options trading reveal a noteworthy shift in sentiment among large investors in NVIDIA (NASDAQ: NVDA), highlighting a predominantly bearish stance. This information has been gathered from reliable options trading data, displaying a significant level of unusual activity that traders should pay attention to.
On our latest assessment at Benzinga's options scanner, we identified 279 unusual options activities related to NVIDIA. This volume is considerably higher than what is typically observed, indicating either a strong belief in an imminent price shift or covering positions through options.
The overall outlook among these influential investors shows a divided sentiment: 43% of trades are bullish while 46% are bearish. This indicates that there is considerable uncertainty about the stock's future direction. Notably, within this activity, there were 26 put options valued at approximately $1,945,197, contrasted with 253 call options worth around $19,205,178.
Projected Price Targets
Examining the trading volumes and open interest in both puts and calls reveals that many big players are targeting a price range for NVIDIA between $104.0 and $191.0 in the coming period.
Examining Volume & Open Interest
Understanding volume and open interest is essential for those involved in options trading, as they provide insight into the liquidity and levels of investor engagement for NVIDIA at various strike prices. We have outlined the changes in volume and open interest over the last 30 days, particularly focusing on the considerable trades connected to NVIDIA within the identified price range.
Recent Options Trading Highlights
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NVDA | CALL | SWEEP | BULLISH | 12/27/24 | $1.37 | $1.36 | $1.37 | $142.00 | $239.0K | 33.8K | 88.7K |
| NVDA | CALL | SWEEP | BULLISH | 12/27/24 | $1.38 | $1.36 | $1.37 | $142.00 | $164.2K | 33.8K | 85.6K |
| NVDA | CALL | TRADE | BEARISH | 12/27/24 | $1.04 | $1.03 | $1.03 | $142.00 | $144.5K | 33.8K | 68.8K |
| NVDA | CALL | SWEEP | BULLISH | 12/27/24 | $1.07 | $1.06 | $1.07 | $142.00 | $128.6K | 33.8K | 79.4K |
| NVDA | CALL | SWEEP | BEARISH | 12/27/24 | $1.41 | $1.40 | $1.40 | $142.00 | $128.3K | 33.8K | 94.4K |
NVIDIA Overview
NVIDIA is a prominent developer known for its graphics processing units (GPUs), traditionally utilized in enhancing computer graphics, particularly in gaming. In recent times, the application of GPUs has expanded significantly, becoming integral to advancements in artificial intelligence (AI). NVIDIA not only produces AI-targeted GPUs but also offers Cuda, a key software platform used for developing and training AI models. Additionally, NVIDIA is developing its data center networking solutions to facilitate efficient processing of complex workloads.
Current Market Position of NVIDIA
- NVIDIA shares are currently trading with a volume of 56,542,252, reflecting a 1.1% increase in stock price, now positioned at $141.21.
- The stock's Relative Strength Index (RSI) indicates it may be approaching overbought territory.
- Anticipation builds around the earnings report, which is expected in 64 days.
Increase Your Investment Knowledge: For those looking to enhance their options trading skills, continuous education and monitoring of market trends are crucial. Engage with reliable resources and real-time alerts to stay updated on NVIDIA and other trading activities.
NVIDIA, Options, Investors