Market Anticipates Nvidia’s Stock Price Movement with $500 Billion in Stock-Options Bets
The market is excited to Nvidia (NASDAQ:NVDA)’s earnings that will be released on Wednesday, November 20, 2024. CBOE Global Markets noticed that the investors already speculated on the future price movement of Nvidia.
The Wall Street Journal cited CBOE data and saw options premium for Nvidia is exceptionally high, reaching $500 billion bet, far beyond Tesla, Meta, Apple, AMD and many more.
Taken From: The Wall Street Journal
Stock options are buying and selling contracts that give the holders the right, not the obligation, to buy (call option) or to sell (put option) a stock at a predetermined price before the expiration date. While the…
