Reported 1 day ago
Traders are approaching Nvidia's upcoming earnings report with caution, as indicated by the heavy trading of put options in the VanEck Semiconductor ETF, reflecting concerns about potential volatility in the semiconductor sector. Over the past 10 days, about 2.4 put options were traded for every call option, marking the most defensive trading in months. While Nvidia itself saw mixed options action, overall investor interest remains high, especially as Nvidia, accounting for 20% of the ETF's assets, prepares to report its results.
Source: YAHOO