Nvidia options draw dip buyers as shares rebound
1. Nvidia's sharp selloff drew bullish options interest as stock rebounded. 2. Options traders remain optimistic despite recent market volatility.
FAQ
Why Bullish?
The recovery following the selloff indicates strong market confidence, similar to past rebounds like Q2 2023.
How important is it?
The article highlights trader sentiment which can influence NVDA's price trajectory post-selloff.
Why Short Term?
Current option activity suggests immediate investor sentiment, affecting NVDA price in the near term.