NVDA Options Signal $190 Bull Call Play Amid Israel-China Catalysts – Here’s How to Position

• NVDA surges 1.2% to $183.21, trading above 30D MA but below 200D MA
• Call OI dominates at $190 strike (40,928 contracts) vs. put OI peak at $160 (52,435)
• Block trades show 26,000 H200 call buys and $1.5B Israel server farm news

Here’s the takeaway: Options market sentiment is decisively bullish on NVDA, with heavy call open interest at key strikes and institutional block trades amplifying the case for a breakout. Technicals show a short-term upswing, but long-term range-bound pressure remains. Let’s break down why $190 is the critical level to watch—and how to play it.

Bullish Imbalance at $190 and Institutional Backing

The options chain tells a clear story: traders are loading up on NVDA20251226C190 and NVDA20260102C190 contracts, with 40,928 and 39,278 open interests respectively. This concentration suggests a shared belief that NVDA could pierce $190 before year-end. Meanwhile, the put/call ratio of 0.87 (favoring calls) reinforces the bias.

But it’s the block trades that catch attention. A massive 26,000-contract buy of NVDA20250919C175 (expiring Sept 19) hints at long-term positioning by institutional players. Pair that with the $1.5B Israel server farm announcement—and pending H200 chip approvals—and you’ve got a catalyst-driven setup.

News Flow: Fuel for the Fire

The Israel data center and China H200 shipments aren’t just headlines—they’re infrastructure bets. The server farm will house Blackwell Processors, a key differentiator in AI hardware. Meanwhile, resuming H200 exports to China (even with a 25% fee) opens a $40,000–80,000-chip market.

Analysts aren’t shy either: a $255.56 average price target implies 41% upside. But here’s the catch: regulatory delays or production bottlenecks could stall momentum. Investors are pricing in success, but execution risk still exists.

Actionable Plays: Calls, Stock, and Exit Zones

For options traders:

• This Friday: Buy NVDA20251226C190 at $183.21. Target $195 (5.3% move) to trigger a 50%+ return.
• Next Friday: Buy NVDA20260102C190 for a longer runway. Use $180.49 (30D support) as a stop-loss.

For stock:

• Entry: $182.35 (intraday low) if price retests Bollinger Middle Band ($179.68).
• Targets: $190 (break-even for calls) and $200 (RSI 51.29 suggests room for 8% rally).

Volatility on the Horizon: NVDA’s Path to $250+

The next 10 days will test NVDA’s resolve. A close above $187.23 (Bollinger Upper Band) would validate the bullish case, while a drop below $179.98 (200D support) could trigger panic. But with $1.5B in physical infrastructure bets and geopolitical tailwinds, the risk-reward leans heavily toward upside.

Bottom line: This isn’t just a technical breakout—it’s a strategic inflection point. Position with calls at $190, but keep a tight stop. The AI titan’s next move could redefine its 2026 trajectory.