Call Sweeps — July 31, 2026 | Pushing Profits
Category: Call Sweeps | Date: 2026-07-31
Traders show strong bullish sentiment in NVDA and MU as July 31, 2026, marks a day of high call sweep premiums.
Report
On July 31, 2026, the options market saw significant interest in call sweeps, particularly centered around NVDA and MU. The largest trade involved NVDA Call options with a $200 strike price expiring the same day, racking up a premium of $16.2 million. This indicates strong bullish sentiment among traders, betting on a quick upward movement in NVIDIA's stock. Additionally, NVDA's $200 Call expiring August 3 also garnered attention with a $13.1 million premium, suggesting ongoing confidence in short-term price gains. Meanwhile, MU options saw notable activity with $12.6 million for its $900 Call, reflecting expectations of price escalation in Micron Technology. Other prominent trades include the $195 NVDA Call expiring in March 2027, which received a $9.5 million premium, indicating long-term bullish sentiment. Energy sector traders also placed bets on XLE Call options at $60, adding $8.4 million in premium, highlighting growing confidence in the oil market as we approach Q3. Overall, these trades signal strong market optimism, especially for technology stocks, and may guide traders looking for high-potential opportunities.
Frequently Asked Questions
What are call sweeps?
Call sweeps are large orders to buy call options that indicate strong bullish sentiment from traders, often signaling potential price movement in the underlying stock.
How can I interpret the premium amounts?
Higher premiums typically suggest increased demand for those options, indicating traders expect significant price movements.
What impact do call sweeps have on stock prices?
Call sweeps can lead to increased stock prices as they reflect trader sentiment, potentially enticing more investors to enter the market.