[woodbutcher1963]

Yes, it was never under $300/share in 2023.

So, how did he buy a CALL option(the right to be long)
at $120/share in 2023?????

“Paul purchased 50 call options in Nvidia with a strike price of $120. The purchase was made on Nov. 22, 2023, and the contracts expire on Dec. 20, 2024.”

The LOW price in November 2023 was $403/share. Nvidia has not been $120/share since August 2020.

[JSM_Liberty]

“So, how did he buy a CALL option(the right to be long)
at $120/share in 2023?????”

He paid a lot for it.

[1Old Pro]

“Paul purchased 50 call options in Nvidia with a strike price of $120. The purchase was made on Nov. 22, 2023, and the contracts expire on Dec. 20, 2024.”

Big time in the money, expensive for sure.