Bullish Nvidia Bets Explode Ahead of Earnings

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There’s a rush into Nvidia options ahead of the chip maker’s earnings tomorrow, with many traders eyeing trades that would profit if the shares kept soaring.

Some of the most popular trades early Tuesday are calls tied to the shares jumping to $500 or even $700, Cboe Global Markets data show. Calls give the right to buy shares at a specific price, later in time.

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