That date and strike price makes me think it is just hedging and tbh, not a bad one considering how volatile NVDA is.
ElevationAV on
there was also a big bid side 9/20 80P order too- ~$200k in premium
Fender_Stratoblaster on
What does A.I. think about this? While we’re at it, what does A.I. think about the Intel issue and what I should have for dinner? Would anyone like a side of A.I. with their A.I.?
Negative_Homework209 on
This man probably owns a FUCK ton of NVDA and protecting his ass before next earnings. HMMMM….. 
Whisness on
An insider did probably. I’m going to do exactly the same.
Schborti on
I’m sure that it can’t be INTC guy as he doesn’t have that amount left.
imstaringataplant on
Hedge
puycelsi on
Gran pa ?
Adrijatik on
!remindme 2 hours
farmtechy on
$800k is poors money. Tell me when its at least 8 million.
Any_Championship_674 on
Could these be sold puts? As in, the MM is carrying the other half of the trade? Someone enlighten me.
Jtbny on
Another grandma died for the cause.
Rikikite on
RemindMe! 6 months
calebsurfs on
tldr OP is regarded, probably a bullish trade.
If you look at todays full trade history for NVDA Jan25 there was a similar 1500 contract 90 strike straddle traded exactly at the mid before this. Then at the same time the 1500 80p were traded, 1500 150c were also traded. The 80p were closer to the bid and 150c closer to the ask, averaging out to the midpoint. Since its all at the mid, all you can do is look at the price action after the trade is placed, which was up.
awirelesspro on
Ow look someone hedging using options. You know what options were actually meant for.
terqui on
Oh look, a close of this position. Bet closed, 35% gain.
that was me, I’m just testing a theory, don’t worry about it
Educational-Suit-451 on
Huh? All this time to bet on the stock going down and to make a fortune they wait until it’s about 25 dollars off it’s high. How much lower are we thinking it’s going before the end of year?
Ok_Location7161 on
It’s meeemaw, trading from above…
Trizz_Wizzy on
This is **~~BOLD~~**
Psychological-Touch1 on
So the idea is someone buys a lot of stock in Nvidia, and if it goes up, cancels this put? And if the stock goes down, keeps this put?
VastFreedom7 on
Someone wants to dethrone the 700k Intel guy? Damn, i hope this person is wrong though.
$800k is an incredibly small amount of premium for a multi-trillion dollar company. Even the notional exposure only comes out to $12 million, which is peanuts.
zombiezucchini on
Someone bought $20 million in shares at like 1pm today.
fluffHead_0919 on
How do you get that view?
Cautious_Teach1397 on
Maybe he’s got an inheritance from Nanna and thinks this is inverse Intel?
Ber-r-fk69420 on
Intel guys grandfather must have died.
purepr00f on
It’s a Russian oligarch with an inside hacker
Top_Share_6019 on
Dang super OTM puts wtf
LeGuerrierz on
What is the website or the logiciel you use? For a friend 😂
Careless-Jacket-6929 on
oops sorry was supposed to be $800
Lightningbread123 on
Seems like someone’s been watching Brandon Biggs
Dear-Bet7063 on
Do you idiots not understand why people sell puts?
They are willing to buy the shares at that price and get a premium literally the one who bought was a MM because they always make money
God damn this entire sub is so bad at understanding how options work
statepkt on
Probably part of a hedge play. Never take options activity at face value.
43 Comments
Sounds like someone wanted to one up INTC guy
That was my dad so I’m not retiring anytime soon
That date and strike price makes me think it is just hedging and tbh, not a bad one considering how volatile NVDA is.
there was also a big bid side 9/20 80P order too- ~$200k in premium
What does A.I. think about this? While we’re at it, what does A.I. think about the Intel issue and what I should have for dinner? Would anyone like a side of A.I. with their A.I.?
This man probably owns a FUCK ton of NVDA and protecting his ass before next earnings. HMMMM….. 
An insider did probably. I’m going to do exactly the same.
I’m sure that it can’t be INTC guy as he doesn’t have that amount left.
Hedge
Gran pa ?
!remindme 2 hours
$800k is poors money. Tell me when its at least 8 million.
Could these be sold puts? As in, the MM is carrying the other half of the trade? Someone enlighten me.
Another grandma died for the cause.
RemindMe! 6 months
tldr OP is regarded, probably a bullish trade.
If you look at todays full trade history for NVDA Jan25 there was a similar 1500 contract 90 strike straddle traded exactly at the mid before this. Then at the same time the 1500 80p were traded, 1500 150c were also traded. The 80p were closer to the bid and 150c closer to the ask, averaging out to the midpoint. Since its all at the mid, all you can do is look at the price action after the trade is placed, which was up.
Ow look someone hedging using options. You know what options were actually meant for.
Oh look, a close of this position. Bet closed, 35% gain.
https://www.reddit.com/r/wallstreetbets/comments/1ecrr76/someone_just_dropped_600000_on_nvidia_80_puts/
Could be a whale hedging
This seems protective more-so than speculative.
Which one of you regards was it?
grandma, is that you?
If Nancy is still in, I’m still in.
that was me, I’m just testing a theory, don’t worry about it
Huh? All this time to bet on the stock going down and to make a fortune they wait until it’s about 25 dollars off it’s high. How much lower are we thinking it’s going before the end of year?
It’s meeemaw, trading from above…
This is **~~BOLD~~**
So the idea is someone buys a lot of stock in Nvidia, and if it goes up, cancels this put? And if the stock goes down, keeps this put?
Someone wants to dethrone the 700k Intel guy? Damn, i hope this person is wrong though.
$800k is an incredibly small amount of premium for a multi-trillion dollar company. Even the notional exposure only comes out to $12 million, which is peanuts.
Someone bought $20 million in shares at like 1pm today.
How do you get that view?
Maybe he’s got an inheritance from Nanna and thinks this is inverse Intel?
Intel guys grandfather must have died.
It’s a Russian oligarch with an inside hacker
Dang super OTM puts wtf
What is the website or the logiciel you use? For a friend 😂
oops sorry was supposed to be $800
Seems like someone’s been watching Brandon Biggs
Do you idiots not understand why people sell puts?
They are willing to buy the shares at that price and get a premium literally the one who bought was a MM because they always make money
God damn this entire sub is so bad at understanding how options work
Probably part of a hedge play. Never take options activity at face value.
All your base belongs to Nvidia.