Put Sweeps — July 24, 2026 | Pushing Profits
Category: Put Sweeps | Date: 2026-07-24
Traders showed strong bearish sentiment with significant put sweeps in NVDA and INTC on July 24, signaling market uncertainty.
Report
On July 24, 2026, notable put sweeps highlighted significant bearish sentiment in key technology stocks, particularly NVDA and INTC. The NVDA $210 put options attracted a remarkable premium of $13.7 million, indicating a strong bet on a downturn for NVIDIA. Meanwhile, Intel saw multiple large transactions in its put options, with the $95 strike seeing a total premium of $14.4 million across several trades. Additionally, the $90 puts contributed another $8.6 million, reflecting growing concerns among traders regarding Intel's near-term performance. These trends suggest that traders are anticipating adverse price movements in the tech sector, especially for NVIDIA and Intel, which could indicate broader market uncertainty. As we analyze the put sweep activity, it becomes evident that investors are positioning themselves defensively, potentially looking to capitalize on volatility in these names.
Frequently Asked Questions
What are put sweeps?
Put sweeps occur when traders purchase large quantities of put options quickly, usually indicating a bearish sentiment on the underlying stock.
Why would a trader buy put options?
Traders buy put options to hedge against potential declines in stock prices or to speculate on downward movements, aiming to profit from volatility.
How can I interpret large premiums in put options?
Large premiums in put options typically suggest heightened trader interest and heightened expectations of price declines, signaling potential bearish market sentiment.