# Trader bets $57m Nvidia will rally 15% by February

> A massive options trade signals confidence that Nvidia stock will recover from recent controversy and climb back toward its all-time high.
- Title: Trader bets $57m Nvidia will rally 15% by February · CNBC
- Summary: A massive options trade signals confidence that Nvidia stock will recover from recent controversy and climb back toward its all-time high.
- Keywords: nvidia, options trading, call spread, stock rally, bullish bet, CNBC
- Source: CNBC — https://cnbc.com/2026/11/09/a-massive-trade-in-nvidia-just-went-off-here-are-the-details.html
- Author: Oliver Renick
- Published: 2026-11-09T18:37:59+00:00
- Read time: 1 min
- Topics: nvidia, options trading, call spread, stock rally, bullish bet, business, finance
## A fifty seven million dollar bet on Nvidia
An options trader bought fifty two thousand one hundred ninety five-strike calls expiring February nineteen for about fifty seven million dollars, betting Nvidia stock will rally.
## The trade needs a fifteen percent rise
The bullish call spread needs Nvidia to trade above around two hundred six dollars by expiry to be profitable. That is about fifteen percent higher than current levels.
## It targets the all-time high
If Nvidia stock reaches the short two hundred forty five-strike call, it would represent a nearly forty percent rally and return the stock to its all-time high of two hundred forty three dollars, reached on…
## The trader rolled down to get more upside
The trader closed an existing two hundred ten slash two hundred fifty five-strike call spread worth about forty two million dollars and opened the new position at lower strikes for higher delta exposure.

> They're trading the call spread here because the vol is expensive going into earnings. It's a significant increase in upside delta exposure.
## Nvidia options volume turned bullish Monday
The fifty seven million dollar trade was the single biggest options trade on Monday.Of the top twenty options trades by dollar amount, twelve were Nvidia, with fifty seven percent of options volume tied to calls.
## Key takeaway

An options trader wagered over fifty seven million dollars that Nvidia stock will rise fifteen percent by February, betting the recent controversy around the company creates a buying opportunity.