On July 18, Guolong News reported that a trader who bet against Nvidia made a profit of over $6.5 million in the options market. The report stated that the trader bought 0.06 million short options on Tuesday (the 16th), betting that Nvidia's stock price would fall below $119 on Friday (the 19th). Nvidia's stock price fell 7.6% to $116.72 overnight on the 17th, and the market saw a trade selling 0.058 million short options, priced at about $7.83 million. The market was unable to confirm that the trades belonged to the same person, but if they did, the trader's action would have brought in over $6.5 million in profit.
看空英伟达交易员单日获利逾650万美元
A bearish trader made a profit of over $6.5 million from the nvidia trade in a single day.
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