I'm analyzing yesterday's (4/6/2026) institutional moves on NVDA and trying to understand "hidden knowledge." Some make a clear interpretation, but some are much less clear.
\- April 8 calls ( 2 days away) are clearly near-term bullish bets.
\- May 22 puts are post-earning downturn protection
\- June 18 , $150 strike is a sort of LEAPS
How would you interpret the other moves, especially substantial April 17 puts?
|Contract|Type|Strike|Expiry|Whales|Invested|Break-even|
|:-|:-|:-|:-|:-|:-|:-|
|NVDA260408C00172500|Call|$172.50|Apr 8|8|$3.16M|$177.17|
|NVDA260408C00175000|Call|$175.00|Apr 8|6|$1.94M|$178.19|
|NVDA260408C00177500|Call|$177.50|Apr 8|2|$0.31M|$179.18|
|NVDA260410C00170000|Call|$170.00|Apr 10|5|$0.94M|$177.50|
|NVDA260417C00180000|Call|$180.00|Apr 17|1|$0.43M|$182.90|
|NVDA260417P00180000|Put|$180.00|Apr 17|1|$1.69M|$174.35|
|NVDA260417P00185000|Put|$185.00|Apr 17|1|$2.76M|$175.80|
|NVDA260424C00180000|Call|$180.00|Apr 24|1|$0.20M|$184.07|
|NVDA260515C00185000|Call|$185.00|May 15|9|$2.21M|$189.70|
|NVDA260515P00180000|Put|$180.00|May 15|1|$0.93M|$170.66|
|NVDA260522P00175000|Put|$175.00|May 22|1|$2.16M|$166.01|
|NVDA260618C00150000|Call|$150.00|Jun 18|10|$6.51M|$181.89|
|NVDA260618C00180000|Call|$180.00|Jun 18|2|$0.66M|$191.97|