🐳 $NVDA — options watch:
🚨 UNUSUAL — volume running multiples of open interest (fresh positioning, today):
$185 call exp 2026-08-05: 854 traded vs 116 OI (7.4x)
$197.5 put exp 2026-07-31: 27,330 traded vs 7,375 OI (3.7x)
$197.5 put exp 2026-08-05: 1,308 traded vs 424 OI (3.1x)
🏗 OI BUILD — positions opened AND HELD overnight (the stable signal):
$200 call exp 2026-07-31: OI +13,343 → 65,094
$202.5 call exp 2026-07-31: OI +12,429 → 35,778
$195 call exp 2026-07-31: OI +10,816 → 29,679
🧹 SWEEP-STYLE — one order split across exchanges in <1s (grabbing liquidity fast):
$197.5 put 08/05: 200 contracts across 5 exchanges = $68k (09:45 ET)
$197.5 put 07/31: 424 contracts across 7 exchanges = $60k (09:43 ET)
$197.5 put 07/31: 384 contracts across 16 exchanges = $57k (09:30 ET)
💥 BIG PRINTS — single trades with serious premium today:
$197.5 put 08/05: 188 contracts @ $3.65 = $69k (09:49 ET)
$197.5 put 08/05: 160 contracts @ $3.39 = $54k (09:45 ET)
Educational, not advice.