NVDA Options Signal $190 Bull Call Surge: Here’s How to Position for AI Chip Export Hype and Skild AI Synergy

• Nvidia surges 1.06% to $184.34, with call open interest dominating at $190 and $185 strikes.
• Options data shows a 12% put/call imbalance, favoring bullish bets ahead of key AI export news.
• Block trades bought 26,000 H200 chip-linked calls, hinting at institutional confidence in near-term upside.
• SoftBank-Nvidia’s $14B Skild AI deal could supercharge AI adoption, aligning with options-driven optimism.

The stock is dancing on a tightrope of AI hype and technical momentum. With call open interest spiking at $190 and $185 strikes, and block traders piling into H200-linked calls, the market is pricing in a breakout. But the RSI at 41.7 suggests caution—this isn’t a free ride. Let’s break down what’s cooking.Bull Call Overload at $190: What’s Driving the Frenzy?

The options chain is screaming bullish. This Friday’s $190 call (NVDA20251212C190) has 120,790 open contracts—nearly double the $185 strike. That’s not just noise; it’s a crowd betting the stock will punch through $190. The next Friday’s $200 call (NVDA20251219C200) with 104,592 OI amplifies the signal.

But here’s the twist: block traders are already stacking chips. A 26,000-contract buy of NVDA20250919C175 (expiring Sept 19) and a 2,000-contract trade on NVDA20251017C175 show big players are hedging or scaling up. These aren’t random bets—they’re moves to lock in exposure as the U.S.-China export truce unfolds.

The News That’s Fueling the Fire

The Commerce Department’s H200 export green light isn’t just a headline—it’s a catalyst. Chinese labs could now build AI supercomputers rivaling U.S. systems, and SoftBank-Nvidia’s $14B Skild AI deal proves the sector’s hunger for robotics integration.

But don’t ignore the risks. CoreWeave’s 5% drop after its $2B convertible note offering shows AI hype can crash just as fast. The market’s betting on growth, but execution matters. If the H200 rollout stumbles or Skild’s tech underwhelms, the $182.24 200D support level could crumble.

Actionable Trades: Calls, Diagonals, and Precision Entries

1. Short-Term Call Play: Buy NVDA20251212C190 (this Friday’s $190 call) if NVDA breaks above $186.01 (30D support). Target: $195–$200. Stop-loss: Below $184.48 (middle Bollinger Band).
2. Diagonal Spread: Buy NVDA20251219C200 (next Friday’s $200 call) and sell NVDA20251212C190 to collect premium. Profit if the stock holds above $187.99 (intraday high).
3. Stock Entry: Buy NVDA near $184.34 if it retests $182.40 (intraday low). Target: $187.99 (intraday high). Stop-loss: Below $180.

Volatility on the Horizon: Balancing AI Optimism with Market Realities

The RSI at 41.7 isn’t screaming overbought, but the MACD (-2.26) hints at a potential pullback. If the stock dips to $179.98 (200D support), the $180 put (NVDA20251219P180) with 61,134 OI could see action. But with Citi’s $270 price target and the Rubin GPU launch in 2026, the long game is still bullish.

Final Take: This isn’t a straight sprint—it’s a marathon with hurdles. The options data and news flow scream “buy the dip,” but keep a tight leash on stop-losses. If the H200 rollout hits its stride and Skild’s AI models deliver, the $200 level could be just the beginning. But if the AI bubble pops, the $172.59 lower Bollinger Band becomes a critical line in the sand. Position with precision, and don’t let greed blind you to the risks.