fintech / news / / CNBC
Semiconductor stocks are on the verge of posting their biggest down day since March 30.
A $2.2 million purchase of Nvidia $210-strike calls expiring May 15 was made today.
KEY POINTS
- Nvidia option call volume is double put volume, and call premiums are over 80% of trades.
- Nvidia's implied volatility is still cheaper than the broader SMH ETF despite earnings approaching.
- An Intel trader sold 3,000 $60-strike calls to buy 10,000 $95-strike calls expiring June 18.
COMPANIES
Summarized by Newsio from CNBC. How we summarize →