NVIDIA Corp (NVDA) $8.81 -1.89%
NVidia (NVDA, news, chart, volatility) calls are seeing early buying interest ahead of an earnings report due out Thursday after market. The stock is down 29 cents to $8.69 after FTN Midwest (?) downgraded the stock to Sell from Neutral. Amtech analysts are also out with cautious comments ahead of the earnings, saying it expects a number of headwinds to affect both results and guidance. Sentiment in the options market seems a lot more bullish, however, with active buying seen in the November and December 10 call options early in the day.
Category: All Stocks, Mid Cap Stocks, Semiconductors
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
