Nvidia, Intel call buyers defy the dip in chip stocks

nvidia and intel saw heavy call buying this morning even as chip stocks broadly sold off. the biggest single trade in the group was a $2.2 million purchase of 2,168 nvidia calls at the $210 strike, expiring may 15. that's a bet the stock will be above $210 by mid-may, roughly 6% higher than where it traded at the open. intel also saw notable call activity, though the blurb doesn't specify size or strike. the volume suggests some traders are treating the dip as a buying opportunity rather than a reason to flee.