Reported about 3 hours ago
Recent options trading for Nvidia suggests a promising surge in stock performance as the company enters the fourth quarter of 2024 and the first quarter of 2025. David Boole, managing director at aCrest, noted on Yahoo Finance that seasonal trends and a significant increase in call options indicate a potential rally, reminiscent of Nvidia's strong performances in previous years. This influx of call buying could compel dealers to buy more stock, further fueling the anticipated growth.
Source: YAHOO