NVIDIA Sees $13.5M in Unusual Options Activity Led by a Massive Deep-In-the-Money Call

By TrendSpider Editor

NVDA market update based on latest unusual_options data.

NVIDIA Sees $13.5M in Unusual Options Activity Led by a Massive Deep-In-the-Money Call

NVIDIA Corporation is drawing attention in the options market today, with five unusual contracts flagging across calls and puts totaling $13,494,780 in combined premium. The dominant signal is a single deep-in-the-money call at the $70 strike expiring in December 2027, carrying $13,236,030 in premium on its own. Shares are trading at $194.64 on Friday, June 26, 2026, down 0.56% on the session, sitting within a 52-week range of $142.03 to $236.54.

Key Drivers of the NVDA Stock Move

The forward setup for NVIDIA remains bifurcated. The dominant flow today is unambiguously long-dated and bullish, with a patient institutional actor locking in deep ITM exposure through the end of 2027. At the same time, the cluster of July put activity around $170 reflects a subset of traders hedging or speculating on a pullback before the summer ends. NVIDIA continues to operate at the center of the AI infrastructure buildout, and any macro shift in capital expenditure commitments from hyperscalers would likely be the key variable between these two outcomes playing out.

NVDA Unusual Options Activity

Five contracts were flagged today with a combined premium of $13,494,780: The call-side premium dominates at $13,286,887 across three contracts, while put-side premium totals $207,893.30 across two contracts. The December 2027 deep ITM call alone represents 98% of total unusual premium flagged today.

NVDA Seasonality

Late June historically marks the end of NVIDIA's fiscal Q2, a period that has often seen increased institutional positioning ahead of summer earnings. Options activity of this scale and duration in the final trading days of June suggests some participants may be aligning exposure ahead of the next major reporting window.

NVDA Relative Performance

NVIDIA shares are down 0.56% today at $194.64, a modest pullback that keeps the stock in the middle portion of its 52-week range between $142.03 and $236.54. The stock remains approximately 37% above its 52-week low and about 17.7% below its 52-week high, reflecting a stock that has recovered meaningfully from its lows but has not yet reclaimed peak levels set earlier in the trailing twelve-month period.

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