To The Moon

$NVIDIA(NVDA)$

The most impressive large orders this week were two last-minute sell puts.

1. The first was a $90 sell put $NVDA 20250314 90.0 PUT$  opened on Tuesday with 100,000 contracts.

2. The second was a $110 sell put $NVDA 20250314 110.0 PUT$  opened on Thursday with approximately 40,000 contracts.

The intraday chart shows that the $NVDA 20250314 110.0 PUT$  was sold near the opening low point, demonstrating remarkable precision.

Institutions adjusted their strategies for next week by rolling positions:

• Sell call at $124, buy call at $134.

• Sell call at $122, buy call at $134.

For put options, new positions were opened for $80 puts expiring in July and September, with the direction being sell puts.

Taking a final look at the total open interest rankings, major players are gradually closing and exiting their positions. Next week’s closing price is likely to settle between $118 and $124.

In terms of strategy, you can sell the $130 call expiring next week $NVDA 20250321 130.0 CALL$  or choose the institutional hedge strike price of $134 call. For selling puts, you can select the $110 or $105 put $NVDA 20250321 105.0 PUT$ .

NVIDIA’s Q1 this quarter has been spectacular. The bears had all the advantages in timing and conditions, but unfortunately lacked a "black swan" event to assist them. Rumors aimed at shorting failed to cause much panic, while the real players have been quietly buying the dip.

$Tesla Motors(TSLA)$

A significant position was opened for the $900 call $TSLA 20260618 900.0 CALL$ , with 16,000 contracts. I wouldn’t consider this a bullish position but rather speculative.

The $570 call and $540 call appear to be rolled positions with the same expiration date but a $10 lower strike price. The purpose is unclear.

Open interest is rather unremarkable, with positions scattered between extremes. The bearish factors are already well-known, but are the bulls simply placing their faith in Elon Musk?

That said, as the market rebounds overall next week, Tesla is likely to follow along and also rebound.

$SPDR S&P 500 ETF Trust(SPY)$

The open interest in puts exceeds that of calls. The S&P 500 is expected to continue rebounding next week, likely reaching around $570.

$Invesco QQQ(QQQ)$

The QQQ is expected to remain below $500 next week.