Moderately bullish activity in NVIDIA (NVDA), with shares up $4.08, or 2.16%, near $193.19. Options volume running well above average with 3.41m contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.2 points near 39.12,and below the 52wk median, suggesting an expected daily move of $4.76. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Microsoft (MSFT) Azure Rolls Out Its First Major Cluster of Nvidia Chips
- Megaspeed investigated by U.S. officials over ties to China, NY Times reports
- AI Daily: AI model start-up Reflection AI raises $2B
- Intel Stock (INTC) Falls despite Reveal of New Chips Built on Its Most Advanced Technology
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!