Josh Brown Flags 'Monster' Call Buying In Nvidia Up To $190 Strike: 'This Is Not Retail Money'
Josh Brown Flags 'Monster' Call Buying In Nvidia Up To $190 Strike: 'This Is Not Retail Money'
"We're talking about thousands and thousands of contracts. This is not retail money."Massive call-buying activity in Nvidia Corp (NASDAQ:NVDA) stock going out to 2025 has caught the attention of Ritholtz Wealth Management's Josh Brown — and for good reason: someone's betting that Nvidia could approach $190 within six months.
英偉達公司（納斯達克股票代碼：NVDA）在2025年之前的大規模看漲買入活動引起了裏索爾茲财富管理公司的喬什·布朗的注意——這是有充分理由的：有人押注英偉達可能在六個月內接近190美元。
What Happened: Thursday on CNBC's "Fast Money Halftime Report," Brown flagged unusual bullish options activity in Nvidia going out to March 2025, showing some traders are betting that the AI chipmaker will continue to make new highs over the coming quarters.
發生了什麼：週四在CNBC的 「Fast Money半場報告」 中，布朗表示，截至2025年3月，英偉達的期權活動異常看漲，這表明一些交易員押注這家人工智能芯片製造商將在未來幾個季度繼續創出新高。
"Here you have the second largest market cap company in the world, basically trading at an all-time record high, and you see monster, monster call buying at the March strikes from like $150 all the way up to $189," Brown said.
布朗說：「這裏有全球第二大市值公司，基本上創下歷史新高，而且你會看到3月份的巨額看漲期權買入量從大約150美元一直升至189美元。」
"We're talking about thousands and thousands of contracts. This is not retail money."
「我們談論的是成千上萬的合同。這不是零售貨幣。」
The trade is particularly unusual because it's so far out of the money, or away from the strike price, and has several months of time value built into the options premiums. According to Unusual Whales, Nvidia on Thursday saw its biggest net premium surge in call options over the last two weeks.
這種交易特別不尋常，因爲它離金額太遠了，或者與行使價相去甚遠，而且期權溢價中包含了幾個月的時間價值。據《不尋常的鯨魚》報道，英偉達週四創下了過去兩週看漲期權的最大淨溢價增幅。
Nvidia, $NVDA, has the highest net premium surge today on the call side, compared to the last 14 days.
— unusual_whales (@unusual_whales) October 10, 2024
Did you catch the move up? pic.twitter.com/4pwJTIUbLq
與過去14天相比，NVDIA的NVDA是今天看漲方面的淨保費增幅最大。
— unusual_whales (@unusual_whales) 2024 年 10 月 10 日
你看見向上移了嗎？pic.twitter.com/4pwjtiubl
With Nvidia shares trading just below $135 at the time of writing, the stock would need to gain more than 40% to reach the $189 level. Nvidia shares are already up 170% since the start of the year, and the stock more than tripled in 2023.
在撰寫本文時，Nvidia股票的交易價格略低於135美元，因此該股需要上漲40％以上才能達到189美元的水平。自年初以來，英偉達的股價已經上漲了170％，該股在2023年增長了兩倍多。
"I think it becomes emblematic of what this stock has been able to do despite lackluster performance from the other gigantic tech mega caps," Brown said.
布朗說：「儘管其他大型科技股表現乏善可陳，但我認爲這已成爲該股表現不佳的象徵。」
Brown emphasized that there's no way this trade is a hedge against another position. The only reason someone would ever put on a trade like this is to bet that the stock is going significantly higher, he said.
布朗強調說，這種交易不可能對另一個頭寸進行對沖。他說，有人進行這樣的交易的唯一原因是押注該股將大幅上漲。
"It's just so tough to bet against this thing. Every time you think it's over, it's like it's just getting warmed up," Brown said.
「對這個東西下注實在是太難了。每當你認爲結束時，就像在熱身一樣，」 布朗說。
CNBC reported that Nvidia call volumes were twice as high as put volumes on Thursday.
CNBC報道說，週四，英偉達的通話量是看跌期權交易量的兩倍。
Price Action: Nvidia shares were up 1.31% at $134.38 at the time of publication, according to Benzinga Pro.
價格走勢：根據Benzinga Pro的數據，英偉達股價在發佈時上漲了1.31％，至134.38美元。
- Josh Brown Says Market May Have 'Topped' For The Year As Nvidia Stock Has Become An Algorithm Casino 'Freak Show'
- 喬什·布朗說，隨着英偉達股票已成爲算法賭場的 「狂熱秀」，今年市場可能已經 「突破」
Photo: Shutterstock.
照片：Shutterstock。
譯文內容由第三人軟體翻譯。
