




NVDA's Flat Friday Is Hiding A Way Better Options Setup
NVIDIA barely moved a penny last Friday, closed basically flat at $225.16, but the options flow was absolutely cooking behind the scenes. Calls hit over 2.1 million contracts against just 1.15 million puts, and open interest is sitting at 8 million calls vs 6.7 million puts right now. All that big aggregate call count doesn't automatically mean it's bullish though — the real edge is tracking where that fresh new volume is popping up compared to existing open interest levels.
The real play here is waiting to see if multiple expirations all line up with new call volume stacked above $230, instead of just watching the total call number tick up. Everyone's been hyped about the flat close, but the actual actionable setup isn't even on the daily price chart, it's buried in the unusual activity print — anyone else spot the weird bearish sweep that popped up out of nowhere while the price was sitting steady?