Rabu, 28 Mei 2025

NVIDIA Earnings: Why Smart Money Just Bought 4,000 Puts at $85

Hey there, Brandon here.

We're stuck in what I call the "squishy middle" - that treacherous zone where you think you've got direction figured out, then BAM... the market throws you a curveball.

Case in point: 20 minutes before the close, we were sitting right back against the highs with NVIDIA earnings dropping after the bell. The options market was pricing a massive 6.2% expected move - that's $8.30 on a $135 stock.

But here's what caught my eye today...

• Why someone just dropped serious cash on 4,000 NVIDIA puts at the $85 strike for June 27th expiration - and what this "insurance policy" tells us about tonight's real risk

• How the Chinese yuan's recent surge against the dollar is setting up a major trade opportunity in FXI (Dawn already positioned today)

• Why the "diminished forward earnings expectations" could make even a BEAT feel like a miss - and how to position for asymmetric downside

• The specific volatility skew signals I'm watching that suggest upside surprise = +$8, but downside miss = -$16

• My "Ghost Prints" system's latest institutional positioning in EFA and EWG - massive put sweeps that nobody's talking about

Look, in this squishy middle, sitting idle is the kiss of death. You need defined-risk strategies that work whether we gap up to $140 or crater toward $120.

In today's market video, I walk through exactly how I'm positioning for both scenarios, including the specific strike prices and expiration dates I'm targeting.

WATCH THE COMPLETE BREAKDOWN HERE

Stay engaged,
Brandon Chapman

P.S. Nvidia releases earnings tonight at 4:20 PM ET, join Garrett Baldwin live as he breaks it down.