Options Market Statistics: Nvidia Options Pop, Shares Fall Despite Revenue More Than Doubling
News Highlights
$NVIDIA (NVDA.US)$ shares fell 2.10% Wednesday to close at $125.61. Its options trading volume was 4.48 million. Call contracts account for 61.0% of the total trading volume. The $130 calls expiring Aug. 30 were traded most actively.
Nvidia reported its fourth consecutive quarter of triple-digit revenue growth, exceeding Wall Street expectations and issuing an optimistic forecast. The company also announced a $50 billion share buyback plan. Despite these positives, Nvidia's stock dropped 7% in extended trading.
Nvidia has benefited significantly from the AI boom, achieving a market cap of $3 trillion and becoming the second most valuable company after Apple. The company reported 122% annual revenue growth to over $30 billion and forecasted an 80% increase in sales for the current period to about $32.5 billion, slightly below some investor whispers of $33-34 billion.
Analyst Stacy Rasgon noted strong demand for Nvidia's GPUs remains, with the company expecting to ship several billion dollars worth of its new Blackwell technology in the fiscal third quarter. However, demand is expected to outstrip supply well into next year.
Nvidia's gross margin slipped to 75.1% from 78.4% last quarter, slightly below full-year expectations. CEO Jensen Huang emphasized Nvidia's technology is providing immediate returns to customers and predicted next-generation AI models will require significantly more computing power.
Despite high expectations and stock volatility, Nvidia remains a key player in AI advancements. The stock has experienced significant fluctuations, including a nearly 30% drop after a record high in June, but has since recovered most losses. Nvidia's reliance on a few major customers contributes to its volatility, with top executives at Alphabet and Meta acknowledging their aggressive AI investments.
$Super Micro Computer (SMCI.US)$ shares dropped 19.02% Wednesday to close at $443.49. Its options trading volume was 0.78 million. Call contracts account for 48.4% of the total trading volume. The $600 calls expiring Aug. 30 were traded most actively.
Super Micro Computer stock is facing pressure after the company announced a delay in its annual report, following allegations of "accounting manipulation" by short seller Hindenburg Research. Despite these issues, Sylvia Jablonski, CEO & CIO of Defiance ETFs, remains optimistic about the stock.
Jablonski believes that if SMCI can prove their accounting is accurate and manage the situation effectively, it presents a good buying opportunity. She points to the stock's impressive growth over the past two years, the company's leadership in cooling data centers, and an upcoming 10-for-1 stock split in October as positive factors. She emphasizes the long-term potential of AI and SMCI's role in the industry, suggesting that the stock is a valuable investment for the future.
$Chewy (CHWY.US)$ shares rose 11.06% Wednesday to close at $28.72. Its options trading volume was 0.27 million. Call contracts account for 71.2% of the total trading volume. The $30 calls expiring Aug. 30 were traded most actively.
Shares of e-commerce pet food and supplies retailer Chewy surged after the company reported second-quarter earnings that surpassed Wall Street's expectations in terms of revenue, active customers, and EPS. The company also saw year-on-year improvements in its EBITDA margin and free cash flow, with net sales per active customer reaching a record $565.
Despite this strong performance, Chewy's shares have been highly volatile, experiencing 37 moves greater than 5% over the past year. This significant reaction to the earnings report suggests a notable impact on market perceptions.
Chewy's stock is up 21.5% year-to-date and is trading near its 52-week high.
Unusual Stock Options Activity
There was a noteworthy activity in $Apollo Global Management (APO.US)$, where $185 CALLs have topped volume to open interest ranking. The highest volume over open interest ratio reaches 349.3x with 90,810 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
Call/Put Option: Trade Options: Quickstart Guide
Option Expiration: Trade Options: Quickstart Guide
Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile
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玫川酷子 : It is estimated that institutions with a large number of long positions in stocks sell the news to another institution. The other institution buys put options.
102385405 :
Goodjobguys : While Wall Street analysts may have their predictions, the true potential of a company like NVIDIA often lies in the creativity and ingenuity of its professionals. It’s impossible to foresee every breakthrough or technological advancement. But one thing is certain: NVIDIA’s commitment to innovation and its strong position in key markets make it a company to watch in the years to come.
虽然华尔街分析师可能有自己的预测，但像NVIDIA这样的公司的真正潜力往往在于其专业人员的创造力和聪明才智。无法预测每一次突破或技术进步。但有一件事是肯定的：NVIDIA对创新的承诺和其在关键市场的强大地位使其成为未来几年值得关注的公司。
By: Goodjobguys
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