How Options Traders Are Playing Nvidia After Earnings

Core Insights - Nvidia Corp reported adjusted third-quarter earnings of $1.30 per share on revenue of $57.01 billion, exceeding forecasts, with stock trading up 0.4% to $187.17 [1] - The company provided stronger-than-expected sales guidance for the fourth quarter, boosting confidence in the AI sector and positively impacting the tech-heavy Nasdaq Composite [2] - Nvidia's stock demonstrated resilience, bouncing off its 100-day moving average, with analysts remaining overwhelmingly bullish following the earnings report [3] Trading Activity - Options trading activity surged, with 2.06 million calls and 1.18 million puts exchanged, indicating heightened investor interest, particularly in the November 200- and 195-strike calls [4]