English
Back
Download
Log in to access Online Inquiry
Back to the Top
Nvidia's 2024 AGM highlights: Pay packages and new AI market strategies
Views 5.5M Contents 2283

Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split

avatar
Options Newsman joined discussion · Jun 11, 2024 08:43
News Highlights
$NVIDIA (NVDA.US)$ shares ended 0.75% higher. Its options trading volume was 5.18 million. Call contracts account for 61.7% of the total trading volume.
On Monday, NVIDIA shares experienced a price target adjustment by Barclays, following the company's 10-1 stock split which took effect after the market closed on Friday. The new price target has been set at $145, a significant change from the previous $1,200. This adjustment also maintains the firm's Overweight rating on the stock.
The stock split necessitated a revision of the share count and the resulting earnings per share (EPS), leading to the updated price target. Barclays has also revised upward its revenue expectations for NVIDIA for calendar year 2025/fiscal year 2026 to $157.1 billion.
This increase reflects an anticipated $25 billion in incremental AI product revenue from what is termed the Sovereign AI opportunity, which is expected to accelerate significantly in the next year.
$Apple (AAPL.US)$ shares ended 1.91% lower. Its options trading volume was 2.39 million. Call contracts account for 72.3% of the total trading volume. The $200 calls expiring June 21 were traded most actively.
Apple shares have been slipping during the first 40 minutes of the Apple WWDC keynote, amid a lack of news about the one thing everyone wants to hear about: artificial intelligence.
Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split
$Alphabet-A (GOOGL.US)$ shares ended 0.43% higher. Its options trading volume was 2.39 million. Call contracts account for 62.6% of the total trading volume. The $175 calls expiring June 14 were traded most actively.
Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split
Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split
Unusual Stock Options Activity
There was a noteworthy activity in $NVIDIA (NVDA.US)$, where multiple puts have topped volume to open interest ranking. The highest volume over open interest ratio reaches 100.7x with nearly 52,282 contracts.
Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split
For all the mooers in Singapore, you can now lower your options commssions with our new campaign. Come check the link: US Stock Option.
Daily Active Index & Sector ETF Options
Options Market Statistics: Nvidia's Shares Rise and Options Pop After Its 10-For-1 Stock Split
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
Having trouble understanding the concepts of options trading? Check out these beginner-friendly guides:
Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Option. This article is for information and illustrative purposes only, and is not a promotion of option trading or a recommendation of any of the specific option mentioned above.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
33
1
1
3
+0
5
Translate
Report
76K Views
Comment
Sign in to post a comment
avatar
Options Newsman
Moomoo News Official Account
Empower your trading with options news and insights. Stay informed, make better decision, trade wiser. Not an advisor
18K
Followers
14
Following
42K
Visitors
Follow
Heat List
US
SymbolMini ChartPrice
NVDA
NVIDIA
-- 138.850
TSLA
Tesla
-- 355.840
BABA
Alibaba
-- 124.730
INTC
Intel
-- 23.600
PLTR
Palantir
-- 119.160
Trump's comeback to the Office
Following Trump's Policies to Seek Investment Opportunities
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
MicroStrategy Q4 2024 earnings conference call