Traders Load Up on NVIDIA Calls After Dell's Report

Roughly eight million dollars of Nvidia calls went through in two trades, both lifted aggressively, on a day Nvidia was not the company reporting. Dell was. Its AI server backlog nearly doubled in a single quarter and its guidance for that business has gone from low double digit growth to triple digits in six months. Which produces the odd situation at the heart of this. A customer's report arguably gave the market more forward visibility on the chipmaker than the chipmaker's own earnings did last week. That is what these call buyers appear to be paying for. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 What Dell has to do with it 0:34 The numbers behind the move 1:07 Two call trades on the tape 1:41 Both lifted into the ask 2:18 What the buyers are paying for 2:54 The backlog nobody expected 3:31 Why the chips connect directly 4:04 Guidance versus the expected move 4:41 Where the market wants exposure 5:16 The levels that matter now #tastylive #nvidia #dell #earnings #optionstrading #unusualoptionsactivity #optionsflow #aiinfrastructure #stockmarket #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.