"Nvidia's Dominance in AI Market and Stock Soaring: Wall Street's Take"

Nvidia's options have dominated the US market, with traders flocking to derivatives bets to gain exposure to the AI theme, accounting for 25 cents of every dollar of premium traded in single-stock options. The chipmaker's options saw nearly $3 billion in premium traded daily on average, surpassing Tesla as the most heavily traded name. With Nvidia's market value briefly hitting $2 trillion, its options are expected to remain popular, drawing a range of bets and reflecting the insatiable demand for its chips. Other AI-related companies like Super Micro Computer and Arm Holdings have also drawn heavy options volume, indicating the enduring popularity of the AI theme among investors.