AdvtAdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. He bought put options with a notional value of $47.4 million against the iShares Semiconductor ETF , according to the filing. The ETF is up 45.37% year to date.Notional value refers to the total value of the underlying securities controlled by options contracts. Regulatory filings do not require the disclosure of options strikes, purchase prices and expiration dates. Shares in Nvidia have skyrocketed 240% year to date, and were up 2.8% in the last quarter.

Source: Economic Times November 15, 2023 18:13 UTC