Jim Cramer of CNBC Investing Club is closely monitoring Nvidia’s execution of its $235 billion stock buyback program. He is particularly focused on the final hour of trading, where zero-day options can cause significant price swings as traders adjust their positions. According to Cramer, Nvidia must maintain its presence until the 4 p.m. close and cannot walk away at 3:20 p.m. when sellers step in, as a buyback must be continuous and not episodic. The stock touched a fresh intraday all-time high on Friday but lost steam throughout the session, missing a record close.
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