“After a 13% Plunge, 140 Billion Won Worth of Shares Snapped Up in Just 30 Minutes”... Jensen Huang Leaves Nvidia, U.S. Retail Investors Make a “Record-Breaking Bet”
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- 2026-11-13 11:08:09
- Updated
- 2026-11-13 11:08:09
[Financial News] After Jensen Huang, Nvidia’s former chief executive officer (CEO), resigned and Nvidia’s share price plunged, U.S. retail investors stepped in to buy the dip. Some investors were found to have bet on a rise in the share price through high-risk products such as leveraged exchange-traded funds (ETFs) and short-term call options.
Nvidia shares plunge as much as 14% intraday on news of CEO Jensen Huang’s resignation
On the 12th (local time), according to The Wall Street Journal (WSJ), retail investors bought $111 million worth of Nvidia shares in the first 30 minutes after the market opened in New York that day. This was the largest amount ever purchased in Nvidia shares during the first 30 minutes of trading.
Nvidia opened at $151.00 that day, down 13.08% from the previous session, and at one point fell more than 14% intraday. But as bargain hunters stepped in, the decline narrowed, and the stock closed at $166.19, down 4.34%.
Retail investors had been betting on a rise in Nvidia’s share price even before Huang’s resignation was announced. According to Vanda Research, a market-flow analysis firm, a total of $42.5 million flowed into six leveraged exchange-traded funds (ETFs) that track twice the daily percentage moves in Nvidia’s share price from the 9th through the 11th.
No net inflows into inverse funds betting on a decline... strong expectations for a share-price rebound
Interestingly, there were no net inflows into inverse funds that bet on a decline in Nvidia’s share price. This indicates just how strong retail investors’ expectations are that the stock will rebound.
Short-term options trading betting on share-price gains for Nvidia competitors AMD and Broadcom was also brisk. Danny Kirsch, head of options at Piper Sandler, said investors were flocking to call options on AMD and Broadcom that expire on the 13th.
A call option gives its holder the right to buy shares at a specified price within a set period. It can generate a profit if the share price rises, and call options with just one day remaining until expiration can offer the prospect of large gains in a short time. However, investors could also lose their entire investment if the share price moves contrary to expectations.
AMD and Broadcom rose 5.86% and 5.54%, respectively, that day on expectations of benefiting from uncertainty over Nvidia’s management.
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