NVDA experienced two major call sweep trades for August 2025 expiration, with traders paying a combined $5.5 million in premiums. Both the $175 and $180 strikes saw single-day volumes exceeding 10,000 contracts combined, with volume-to-open-interest ratios above 0.31. These metrics suggest strong interest, likely from institutions seeking upside exposure with only a month to expiry. The magnitude and urgency of these trades are indicative of bullish sentiment building in NVDA’s options market around the $175–$180 strike band as the expiry approaches.
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The chart and historical data for the NVDA $180 Call expiring August 15, 2025 show a significant spike in trading activity and open interest over the past three sessions. On July 15th, volume surged to 34,129 contracts, followed by 14,021 on the 16th and 25,268 on the 17th. Correspondingly, open interest (OI) grew from 29,027 on the 15th, then to 40,418 on the 16th, and then to 44,365 on the 17th. This results in a net increase of 15,338 contracts over just three days.
This sharp rise in both volume and OI suggests strong new bullish positioning rather than profit-taking or closing trades. Additionally, the contract price has risen from $3.48 to $4.05 over the same period, reinforcing buyer enthusiasm. The rising OI and contract price, coupled with sustained high volume, are key signs of continued accumulation and growing bullish sentiment in this long-dated NVDA call.
Trade Side Distribution
The trade side distribution for the NVDA $180C 08/15/2025 contract reflects a strongly bullish sentiment. A substantial 42% of the premium ($1.5M) was executed above the ask, which typically indicates aggressive buying interest. An additional 27% ($979.3K) was filled at the ask, reinforcing the bullish momentum.
In contrast, only 24% ($895.3K) was executed at the bid, with a small 7% ($242.9K) filled at the midpoint. Notably, 0% of the trades occurred below the bid, further confirming buyer dominance. This distribution suggests that traders are chasing the contract upward, willing to pay a premium to establish or add to positions—consistent with accumulation behavior and growing conviction in NVDA’s upside through August 2025.
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Additional bullish sentiment on NVDA was found in the medium-term expiry as well. The above option order flow shows a notable sell-to-open sweep trade in NVDA puts with a $160 strike expiring on January 16, 2026. A trader sold 2,341 contracts at $12.21 per contract, collecting a total premium of $2.9 million. The trade occurred when NVDA was trading around $172.92, and it was labeled as a “Below” side, indicating the strike price is below the current spot—typically a bullish or neutral stance when selling puts.
The V/OI ratio here is 2,421 volume vs. 22,844 open interest, or approximately 0.11, suggesting this is likely part of continued put-selling activity rather than an opening bearish bet. The sweep type also suggests urgency and possible institutional involvement. Overall, this large-scale put sell indicates confidence in NVDA staying above $160, with the trader potentially aiming to profit from premium decay or to accumulate shares at a lower effective price.
What’s Happening with Nvidia
NVIDIA (NVDA) reached a new all-time high today, reflecting continued investor optimism surrounding its leadership in the AI and semiconductor sectors. he rally follows a week packed with major milestones for the company: Nvidia recently reclaimed its spot as the most valuable publicly traded firm, with a market capitalization soaring above $4 trillion, as global demand for its AI chips shows no sign of abating.
A significant catalyst was the U.S. government’s decision to allow Nvidia to resume sales of its H20 AI chips and new RTX Pro GPUs to China, a key market for the company. This policy shift was the result of high-level negotiations and lifted a critical trade barrier that had dampened growth expectations earlier in the year. Additionally, Nvidia CEO Jensen Huang underscored the importance of open-source AI collaboration at a Beijing expo, further strengthening the company’s ties to the global AI ecosystem.
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NVIDIA Corporation (NVDA) is a leading technology company known for designing and manufacturing high-performance graphics processing units (GPUs). These GPUs are primarily used in gaming, professional visualization, data centers, and automotive markets. Founded in 1993, NVIDIA revolutionized computer graphics with its invention of the GPU and has since become a key player in the artificial intelligence (AI) space.
Its GPU architectures, such as the GeForce, Quadro, and most recently the Hopper and Grace platforms, power everything from advanced video games to deep learning systems, AI model training, and autonomous vehicle technologies. NVIDIA also provides software platforms like CUDA and AI-focused solutions for industries ranging from healthcare to robotics.
Analyst Ratings
| Firm | Rating | Last Updated |
|---|---|---|
| CFRA | ★★★★ | 07/13/2025 |
| Market Edge | ★★ | 05/16/2025 |
| Argus | ★★★★ | 04/24/2025 |
| Morningstar | ★★★ | 07/01/2025 |
| LSEG | ★★★★ | 07/16/2025 |
| Schwab Equity Ratings | C | 07/17/2025 |
Analyst ratings for NVIDIA (NVDA) from six major research firms show an overall positive to bullish consensus. Notably, CFRA maintains a four-star “Long” rating as of July 13, 2025, signaling high conviction in NVDA’s continued upside. Market Edge recommends “Avoid,” a clear outlier among the group.
Argus remains bullish with a “Buy” rating (last updated in April), while Morningstar gives a more neutral 3-star Holdrating. LSEG rates the stock as “Outperform”, reinforcing NVDA’s favorable outlook. Lastly, Schwab Equity Ratingsgives a “C” grade, implying a neutral stance. Despite some divergence, the majority of firms lean bullish, which aligns with NVDA’s recent breakout to all-time highs.
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Disclaimer: Options trading involves significant risk and is not suitable for all investors. You may lose the entire investment, and certain strategies may result in losses exceeding the initial amount invested. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice. Always consult a financial or tax advisor before making investment decisions.
