Options Market Statistics: Nvidia Stock Fell Post-GTC Despite New AI Chip Announcements
$NVIDIA Corp(NVDA)$ shares fell 3% on Tuesday. The most traded calls are contracts of $120 strike price that expire on Mar 21 and the total volume reaching 141,681 with the open interest of 199,611.
At its annual GTC conference on Tuesday, Nvidia introduced new chips designed for AI model development and deployment.
CEO Jensen Huang unveiled Blackwell Ultra, a chip family set to launch in the second half of this year, along with Vera Rubin, the next-generation GPU expected in 2026.
Since the release of OpenAI's ChatGPT in late 2022, Nvidia's revenue has surged over sixfold, driven by its dominance in the high-performance GPU market for AI training.
There was a noteworthy activity in $Tesla Motors(TSLA)$ , with $227.5 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 59.3x with 7,766 contracts.
@TigerStars @CaptainTiger @TigerWire @Daily_Discussion @Tiger_chat @Tiger_comments @MillionaireTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments