NVIDIA Corp (NVDA) $10.88 +4.31%

| June 1, 2009 | 0 Comments More

NVidia (NVDA), which saw several days of bullish order flow last week, is up 47 cents to $10.90 and 11K June 12.5 calls traded. Today’s volume includes a block of 8,291 contracts at the offer for 20 cents on the ISE, which appears to be an opening customer buyer. No news on the stock to explain the bullish trading. Implied volatiilty is steady around 61.

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.

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