NVDA options: $1.0B premium turnover into 2026-07-15; largest line NVDA260918P00210000 $86MNVDA 期权异动：期权成交额约 $1.0B，到期 2026-07-15，最大合约 NVDA260918P00210000 约 $86M
Options Flow Snapshot
On July 15, 2026, NVIDIA (NVDA) listed options saw total volume of 2,502,683 contracts, with total premium turnover of ~$1.013 billion. The largest single active contract was NVDA260918P00210000: a put option with $210 strike, expiring September 18, 2026, with 61,990 contracts traded and ~$86.17 million in premium turnover. The underlying share price was $194.83 that day; the near-term at-the-money (ATM) straddle implied an 8.7% price swing. Average near-the-money call implied volatility (IV) was 78.9%, average put IV was 77.8%, with a call-put IV skew of -1.05 percentage points. Total call volume hit 1,634,029 contracts, put volume 868,654, for a 1.88 call-to-put volume ratio.
Signal Read-Through
This is a market structure signal combining concentrated options volume and targeted downside positioning: overall options activity and premium turnover are elevated, call volume outpaces put volume, a single $86M+ put option trade stands out, and near-term option IV is in the 78-79% range, signaling market pricing for high short-term price volatility and speculative or hedging downside wagers on NVIDIA shares.
Fundamental and Event Cross-Check
Cross-referencing public filings: Between June 29 and July 6, 2026, multiple NVIDIA directors received stock awards or gifts, with no open-market share purchases or sales reported, so no direct insider trading activity matching the current options flow. NVIDIA’s Q1 2026 earnings (reported May 20, 2026) beat analyst estimates, with EPS of 1.87 vs. a 1.76 forecast, and revenue of $81.615B vs. the $78.423B consensus. As of December 31, 2025, 67.8% of NVIDIA’s float was held by 6,131 institutional investors, with 3,008 institutions adding positions and 2,415 cutting positions that quarter.
Follow-Up Markers
Monitor for additional large options trades in NVIDIA, and the impact of the upcoming July 26, 2026 Q2 2026 earnings report (consensus EPS of $2.09, revenue of $91.727B) on option implied volatility. This signal only reflects options market trading and pricing structure, and does not confirm directional capital flows or future share price movement.
期权成交结构
2026年7月15日，英伟达（NVDA）的场内期权总成交量达2,502,683张合约，期权溢价总成交额约10.13亿美元。其中最大单笔活跃合约为NVDA260918P00210000：行权价210美元的看跌期权，2026年9月18日到期，成交量61,990张，溢价成交额约8,617万美元。当日标的股价为194.83美元，近月平值跨式期权隐含的价格波动幅度为8.7%；近价内看涨期权平均隐含波动率为78.9%，看跌期权平均隐含波动率为77.8%，看涨看跌隐含波动率差为-1.05个百分点。当日看涨期权成交量1,634,029张，看跌期权868,654张，看涨看跌成交量比率为1.88。
信号含义
该信号属于集中式期权成交叠加定向下行押注的市场结构信号：整体期权成交量与成交额处于高位，看涨合约数量远超看跌合约，同时存在单笔超8600万美元的大额看跌期权成交，叠加近月期权隐含波动率处于78%-79%区间，显示市场对英伟达短期价格波动存在较高定价，部分参与者构建了针对标的价格下行的期权头寸。
基本面与事件交叉验证
结合公开备案信息交叉验证：2026年6月29日至7月6日，英伟达多位董事通过股票奖励或赠与获得股份，无公开市场买卖行为，未出现内部人士直接匹配当前期权活动的交易动作。2026年5月20日公布的2026年Q1财报超出市场预期，EPS为1.87（预期1.76），营收816.15亿美元（预期784.23亿美元）；截至2025年12月31日，英伟达浮仓的67.8%由6131家机构持有，当月有3008家机构加仓、2415家减仓。
后续关注
需关注后续英伟达期权市场是否出现更多大额成交，以及7月26日即将公布的2026年Q2财报（市场预期EPS 2.09，营收917.27亿美元）对期权隐含波动率的影响。该信号仅反映期权市场的成交与定价结构，未证明存在实际的方向性资金流动或后续股价变动。
This analysis was generated by InvestLog AI based on SEC filings, Form 4 insider transactions, Form 144 planned-sale notices, 13F institutional holdings, analyst ratings, and market data. It is for informational purposes only and does not constitute investment advice.这篇研究由 InvestLog AI 基于 SEC 披露、Form 4 内部人交易、Form 144 计划减持、13F 机构持仓、分析师评级和市场数据生成。内容仅供参考，不构成投资建议。