---
title: "Nvidia faces record short bets as Apple draws defensive interest"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287044942.md"
description: "Nvidia has reached a record $62.5B in short interest, the highest in the S&P 500, surpassing Apple and Microsoft. The options market anticipates a 5% post-earnings move, potentially impacting short sellers by $3.5B. In contrast, Apple is viewed as a defensive investment due to its strong brand, 90% customer retention rate, and record services revenue."
datetime: "2026-05-20T10:09:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287044942.md)
  - [en](https://longbridge.com/en/news/287044942.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287044942.md)
---

# Nvidia faces record short bets as Apple draws defensive interest

Record short bets: Nvidia holds $62.5B in notional short interest, the largest in the S&P 500, ahead of Apple and Microsoft. Volatility ahead: Options market implies a 5% post-earnings move, potentially translating to a $3.5B swing for short sellers. Apple's steady moat: Apple's strong brand, 90% retention rate, and record services revenue make it a defensive choice for investors.

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