Shares of Nvidia Corp (NVDA) are up .05 to 17.71 today.? ?NVDA is near the middle of the 52 week range.
Today paper traded 15000 NVDA Sep 16 puts for .34. ?The ADV is 12936 contracts. The OI is 881 contracts.
The volume went up in 2 large blocks.? The puts traded marked buy-write and usually these positions would go up with stock attached.? The trader is looking for a protected stock play using a put into earnings.
30-day implied volatility is 48%.?? 10-day implied volatility is 23%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
NVIDIA Corporation (NVIDIA) is engaged in creating the graphics chips used in personal computers (PCs).?