NVidia (NVDA, news, chart, volatility) December 10 calls are seeing buying interest, with 2,250 contracts traded and 100 percent of the day’s volume trading on the offer. Directional sentiment based on early order flow in NVDA is 94 percent bullish. With open interest of 22,968 it could be closing. Nevertheless, it is noteworthy as it comes ahead of a conference call tomorrow after the closing bell.
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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.