Bulls Double Down on Nvidia Stock Despite Tech Volatility

Nvidia Corp (NASDAQ:NVDA) may not have been the best stock on the Dow Jones Industrial Average (DJI) in 2025, but it sure has maintained its popularity in the options pits. The chipmaker is once again on Senior Quantitative Analyst Rocky White's list of stocks that attracted the highest options volume during the last 10 days, after making a consistent appearance throughout the year.

In fact, NVDA easily topped the list, with more than 28,667,524 calls and 17,195,031 puts traded in the last two weeks. Those bets came amid plenty of Big Tech volatility, with broader AI pressure and inflation data triggering sharp swings. Over this period, the most popular contract by far was the December 180 call, followed by the weekly 12/12 185-strike call.

The equity is back on the news again today, after Reuters reported Nvidia (NVDA) plans to begin H200 chip shipments to China by February. Shares were last seen up 1.4% to trade at $183.53, on track for their third-straight gain as they bounce off familiar support from the $170 level, which has contained multiple pullbacks since August. On track to finish 2025 with only four monthly losses, NVDA sports a 36.4% year-to-date lead.

It's no wonder traders are picking up the equity, as options are affordably priced. This is per the stock's Schaeffer's Volatility Index (SVI) of 35% that ranks higher than just 2% of annual readings