$S&P 500(.SPX.US)Repost: According to market data and analysts, traders are buying options to hedge against declines in $NVIDIA(NVDA.US) and other large-cap tech stocks, as well as the Nasdaq 100 Index. Demand for such options is so strong that the price of one-month put options hedging against a 10% drop in Nvidia's stock has reached its highest level since January compared to call options betting on a 10% rise. Similarly, the put premium for the $Invesco QQQ Trust(QQQ.US), which tracks the Nasdaq 100 Index, is currently at its highest level since April.