Roughly eight million dollars of Nvidia calls went through in two trades, both lifted aggressively, on a day Nvidia was not the company reporting. Dell was. Its AI server backlog nearly doubled in a single quarter and its guidance for that business has gone from low double digit growth to triple digits in six months. Which produces the odd situation at the heart of this. A customer's report arguably gave the market more forward visibility on the chipmaker than the chipmaker's own earnings did last week. That is what these call buyers appear to be paying for. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 0:00 What Dell has to do with it 0:34 The numbers behind the move 1:07 Two call trades on the tape 1:41 Both lifted into the ask 2:18 What the buyers are paying for 2:54 The backlog...