Unusual Options Activity Spikes for NVIDIA and Viasat

Market data indicates a notable increase in options trading for NVIDIA Corp (NVDA) and Viasat Inc (VSAT). NVIDIA saw options volume climb to 2.4 million contracts, which represents approximately 237.4 million underlying shares. This activity level is roughly 158% of the company's average daily trading volume of 150.3 million shares over the past month. Within NVIDIA's options chain, the $212.50 strike call option expiring April 29, 2026, was particularly active. Traders exchanged 211,249 contracts for this specific strike, accounting for approximately 21.1 million underlying shares. Similarly, Viasat Inc (VSAT) saw a spike in options volume, totaling 23,077 contracts. This represents approximately 2.3 million underlying shares, or 149% of the stock's average daily trading volume of 1.5 million shares. For Viasat, the activity was concentrated in bearish bets, specifically the $40 strike put option expiring September 18, 2026. A total of 7,601 contracts were traded for this strike, representing 760,100 underlying shares. While high options volume can indicate institutional positioning or anticipation of upcoming volatility, such data points are often viewed as lagging or speculative indicators unless accompanied by fundamental news or corporate disclosures.