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| 3mHunt for 'next Nvidia' draws options traders to Arm's soaring stock
The soaring stock price of Arm Holdings, driven by strong demand for its technology in designing chips for artificial intelligence features, has attracted options traders looking for the "next Nvidia." Volume in Arm options has surged, with investors positioning for further gains after the stock nearly doubled in price within a week. Arm's rise has been compared to Nvidia, which has seen a 220% increase over the past year. Call options on Arm shares rising above $185 by Friday were the most actively traded, suggesting bullish sentiment.
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