Traders are increasing their bets that Nvidia's shares will continue their rally following the company's earnings report on Wednesday. Amid a surge in interest in artificial intelligence technology, investors have spent over $100 billion on Nvidia options this year, with 60% of that amount tied to call options betting on a continued rally, a level of interest surpassed by Tesla. Nvidia saw its shares jump 8.5% recently and has more than tripled this year, outperforming all other stocks in the S&P 500. Its market value increased by nearly $184 billion after its last earnings report, contributing to a broader rally in AI-related stocks and the overall stock market.
