Nvidia Traders Exit Bullish Options as Stock Declines

Reported about 22 hours ago

Investors are exiting bullish call options for Nvidia Corp. as shares dropped 6.2%, reversing gains made on Monday. Approximately 200,000 $140 calls set to expire soon were sold, alongside significant volumes of February calls, indicating a shift in market sentiment after a recent high. This selling trend follows a brief surge in call buying prior to a new product presentation by CEO Jensen Huang at CES.

Source: YAHOO

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