Notable profits for the buyer who lifted the $3.20 offer for 1,732 NVIDIA (NVDA) 11/8 weekly 133 puts yesterday at 09:45ET when underlying shares were trading at $135.47. Shares closed at $132.76, and the puts at $4.06 for a mark-to-market profit of 27%, or $148K, on the $554K outlay.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Nvidia, Run:ai deal to be reviewed under EU’s merger rules
- Amazon.com seeing positive trends in International segment
- META, MSFT, and SMCI Sink the Nasdaq amid Tech Selloff
- Microsoft reports Q1 beat, Comcast weighs cable networks spinoff: Morning Buzz
- Wingstop upgraded, Estee Lauder downgraded: Wall Street’s top analyst calls