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A trader made a profit of $6.5 million in one day by 'precisely short selling' Nvidia, and then allegedly locked in the profit.
Nvidia fell into a technical adjustment zone in just one day. Earlier on Tuesday, 0.06 million put spread options contracts with a strike price of 119/115 US dollars were purchased, with a total cost of approximately 1.23 million US dollars. On Wednesday's early trading session in the US stock market, about 58,000 of the same CFDs contracts were traded at once, priced at approximately 7.83 million US dollars. Market participants said the trade seems to be a closing position. If it is the same trader, the total profit is over 6.5 million US dollars.
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Overnight US stocks | Dow hits historic high, chip stocks suffer heavy losses, nvidia(NVDA.US) falls 6.62%.
At the close, the Dow rose 243.73 points, up 0.60%, to 41198.21; the Nasdaq fell 512.42 points, down 2.77%, to 17996.92; and the S&P 500 index fell 78.93 points, down 1.39%, to 5588.27.
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Amp :
nope..
LittleSoldier : I’m just curious why $101? Where did you possibly come up with that figure. Did you like have some tea leaves read or like your brother’s, wife’s mother have a dream? Maybe it was a fortune cookie you ate a week ago.
72758892 : 125 tomorrow
PS SandyOP : 110 will be the first stop
我家有个老六 LittleSoldier: I'm scared of you! It makes you panic, sell it cheaply!
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