Why traders are betting against Nvidia stock

Nvidia‘s (NASDAQ: NVDA) highly expected Q2 earnings report on August 28 after the market closes has sparked speculation among the stock trading community about the semiconductor maker’s future, with some traders betting on a bearish outcome.Looking at the call options for Nvidia stock, the third largest open interest position is a $125 put option with an expiry date of September 20, contrary to the $280 calls with the same expiry date being the largest. The cumulative open interest for this call option is 2 ...