Nvidia’s stock price fell 8.5% on Thursday, reaching its lowest point in a month, as investors worry about the company’s growth outlook amidst the AI spending boom. A massive bearish bet was made by a trader who bought over 300,000 contracts expecting Nvidia’s shares to drop to $115 by March 7, representing a 12% decline from Wednesday’s close. This marks the lowest level for shares since mid-September.
Source: https://www.bloomberg.com/news/articles/2025-02-27/nvidia-decline-to-a-five-month-low-is-day-s-biggest-options-bet