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04-23

$SPDR S&P 500 ETF Trust(SPY)$ $NVIDIA(NVDA)$ ๐Ÿšจ๐Ÿ”ฅ๐Ÿงฌ Split Signals, Singular Insight, Why NVDA Bulls Arenโ€™t Flinching While SPY Puts Surge ๐Ÿงฌ๐Ÿ”ฅ๐Ÿšจ

While the broader market wobbled, the options market told a tale of divergence today. $SPY may have drifted into red territory, but $NVDAโ€™s call flow held firm, sending a sharp signal that institutional conviction remains intact.

๐Ÿ“Š $SPY, Risk-Off Tone Hits the Tape

Put premium crossed call premium for the first time intraday, flipping the net drift negative with a hefty $17.54M in puts versus $11.26M in calls. That $6.28M bearish delta says it all. Volatility wasnโ€™t just expected, it was actively priced. One glance at the net flow chart, and youโ€™ll see wave after wave of red pressuring from mid-morning.

๐Ÿ“‰ Net Flow Breakdown

โ€ข Call Premium: $580.66M

โ€ข Put Premium: $577.52M

Despite a near daily balance, intraday velocity shifted sharply toward puts, confirmation of real-time fear.

๐Ÿ“ˆ $NVDA, Calm in the Storm ๐ŸŒ€

Nvidia was a standout. $17.47M in calls versus just $2.54M in puts, with the stock reclaiming $104.25. Institutional hands werenโ€™t spooked. No hedges, no fire drills, just methodical green flow, signalling confidence rather than caution.

๐Ÿง  Institutional Psychology Snapshot

SPY reflects macro anxiety. NVDA reflects selective bullish conviction. This is not just divergent flow, it is a sectoral rotation hiding in plain sight. Traders are rebalancing risk, not retreating from it.

โœ๏ธ Something to Keep an Eye On

On 13 March, the House Judiciary Committee opened an investigation into $NVDA regarding its โ€œconnections to the Biden Admin and their AI moderation.โ€ Notably, Sen. Ashley Moody (R) purchased approximately $300K in Nvidia stock just one week after that investigation was launched.

She sits on the Senate Judiciary Committee, the congressional counterpart of the investigating House body.

As part of the probe, Nvidia must produce internal documents and communications from January 2020 through January 2025, including interactions with the US Government, foreign entities, and third parties.

While itโ€™s unclear how much privileged information she may have had access to, the timing and scale of her trade raise eyebrows. Since her purchase, the stock has slipped roughly 14%, but the underlying political narrative is still evolving, and could impact sentiment from here.

๐Ÿ”Ž Volume Pulse

โ€ข SPY: Bearish flow acceleration post 10AM

โ€ข NVDA: Clean and stable volume supporting upward drift

Hey Tiger Traders, is Nvidia becoming a hedge against mediocrity in the macro tape, or is the real drama still lurking in the corridors of Capitol Hill?

๐Ÿ“ข Donโ€™t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ๐Ÿš€๐Ÿ“ˆ Iโ€™m obsessed with hunting down the next big movers and sharing strategies that crush it. Letโ€™s outsmart the market and stack those gains together! ๐Ÿ€๐Ÿ€

Trade like a boss! Happy trading ahead, Cheers, BC ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€

@Tiger_comments @TigerWire @TigerStars @TigerPicks @Daily_Discussion 

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Comments

  • Queengirlypops
    04-24
    Queengirlypops

    Great article, would you like to share it?

  • Hen Solo
    04-24
    Hen Solo

    Great article, would you like to share it?

  • Cool Cat Winston
    04-24
    Cool Cat Winston

    Great article, would you like to share it?

  • Kiwi Tigress
    04-24
    Kiwi Tigress

    Great article, would you like to share it?

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