Bearish Trades on NVIDIA Track USD6.5M+ Gain in 1 Day: Wire

　　A trader with a bearish bet on NVIDIA (NVDA.US) made more than USD6.5 million of gain in one day in the options market, Bloomberg reported.

　　According to the report, the trader purchased 60,000 put options on Tuesday (16th), betting that NVIDIA's stock price would fall below USD119 on Friday (19th). Overnight (17th), NVIDIA's share price once slid 7.6% to bottom at USD116.72, and the market tracked 58,000 put options sold for USD7.83 million.

　　Reportedly, the market could not confirm that the trades were made by the same person; but if the trades were made by the same person, the operation would have resulted in a profit of more than USD6.5 million.

　　NVIDIA's shares rebounded 1% to USD119.16 in the extended trading session.

　　(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)