Massive Options Trades in Nvidia and Micron Signal Rising Bearish Bets on Semiconductors
Options traders executed massive bearish orders targeting Nvidia and Micron on Friday, pushing key semiconductor put-to-call ratios to multi-month highs.
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Options traders executed massive bearish orders targeting Nvidia and Micron on Friday, pushing key semiconductor put-to-call ratios to multi-month highs.
Shares of Nvidia, Oracle, and CoreWeave fell after OpenAI told investors it reached roughly $50 billion in annualized revenue at the end of September, trailing earlier estimates of $68 billion.