Find out what whales are doing with NVDA – NVIDIA (NASDAQ:NVDA)

A whale with lots of money to spend has taken a noticeably bearish stance on Nvidia.

View option history for NVIDIA NVDA we detected 71 strange trades.

Looking at the specifics of each trade, it is correct to say that 42% of investors opened trades with bullish expectations and 57% with bearish expectations.

Of all the transactions identified, 29 are put options, for a total amount of $1,657,632 and 42 are call options, for a total amount of $1,787,400.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $85.0-$200.0 for NVIDIA over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of NVIDIA options for a given strike price. Below we can observe the evolution of call and put volume and open interest, respectively, for all NVIDIA whale trades within a strike price range of $85.0 to $200.0 in the last 30 days.

NVIDIA Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
NVDA PUT SWEEP BULLISH 01/19/24 $130.00 $251,500 5.1K 542
NVDA CALL TRADE BEARISH 04/21/23 $130.00 $131,200 170 50
NVDA PUT SWEEP BEARISH 11/18/22 $145.00 $103.4,000 4.8K 733
NVDA CALL SWEEP BEARISH 01/19/24 $130.00 $96.9,000 2.1K 215
NVDA PUT TRADE BEARISH 11/18/22 $140.00 $75.5,000 5.7K 794









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
NVDA PUT SWEEP BULLISH 01/19/24 $130.00 $251,500 5.1K 542
NVDA CALL TRADE BEARISH 04/21/23 $130.00 $131,200 170 50
NVDA PUT SWEEP BEARISH 11/18/22 $145.00 $103.4,000 4.8K 733
NVDA CALL SWEEP BEARISH 01/19/24 $130.00 $96.9,000 2.1K 215
NVDA PUT TRADE BEARISH 11/18/22 $140.00 $75.5,000 5.7K 794

Where is NVIDIA right now?

  • With a volume of 32,992,329, NVDA’s price is up 2.47% to $135.02.
  • RSI indicators suggest that the underlying stock may be oversold.
  • The next results should be published in 56 days.

What experts say about NVIDIA:

  • Deutsche Bank has decided to maintain its Hold rating on NVIDIA, which currently sits at a price target of $165.
  • Needham has decided to maintain its Buy rating on NVIDIA, which currently sits at a target price of $170.
  • Benchmark has decided to maintain its buy rating on NVIDIA, which currently sits at a target price of $215.
  • JP Morgan has decided to maintain its overweight rating on NVIDIA, which currently sits at a price target of $220.
  • Citigroup has decided to maintain its buy rating on NVIDIA, which currently sits at a target price of $248.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay informed about the latest options trades for NVIDIA, Benzinga Pro gives you real-time options trade alerts.

About Mildred B.

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