Nvidia Is Closing In On A $6 Trillion Valuation. Options Traders See October As The Key Window.
Options pricing gives Nvidia about a 50% chance of reaching $6 trillion in market value by month-end, with call skew signaling bets on further gains.
- Nvidia shares are climbing, with options markets assigning a 50% probability the company will reach a $6 trillion valuation by the end of this month.
- The rally follows Nvidia's expanded stock repurchase program, where the board authorized an additional $150 billion in repurchases on Sept. 28, bringing the total remaining to $235 billion.
- According to Barchart, traders are showing a bias toward hedging for a rally, with "call skew" data indicating call options trading with higher implied volatility than equivalent puts.
- Ben Emons, managing director at Highline Asset Management, wrote that Nvidia's buyback is a "capital-allocation event" asserting confidence in long-run AI demand, calling it a "bright spot."
- To hit the $6 trillion threshold, Nvidia would need to reach a stock price of $248, based on roughly 24.1 billion shares outstanding as of Aug. 21.
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(Seoul = Yonhap News) Reporter Jung Joo-ho = As Nvidia's stock price hit an all-time high for two consecutive days, breaking the $6 trillion market capitalization mark is within sight.
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There’s a simple reason the Nasdaq-100 Index closed at new records Friday: the world’s biggest company notched its first record since May. Nvidia, which accounts for 13% of the Nasdaq and 8% of the S&P 500 Index, added 1.3% Friday, ending seven weeks of sideways trading surrounding a high-stakes meeting between the President and corporate executives leading “Super Intelligence.” The rally puts the value of Jensen Huang’s semiconductor business…
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Nvidia's stock price hit an all-time high for the second consecutive day on the 5th (local time), swelling its market capitalization to $5.76 trillion (approximately 7,824 trillion won). On the New York Stock Exchange, Nvidia's stock closed at $238.9, up 2.1% from the previous trading day. During the session, it rose to $240.1, setting another all-time high. Following the record high set on the 2nd, the company has set a new record for two cons…
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