By TradingView
Publication Date: 2026-05-20 17:02:00
Nvidia NVDA options traders are pricing a relatively modest move into Wednesday’s quarterly results, even as some investors keep buying upside exposure ahead of the report.
Susquehanna Financial Group said Nvidia’s weekly straddle is priced at about 6.5%, below the 8% average implied move across the last 10 earnings releases. That still stands above the average one-day post-earnings swing of 5.6% in either direction over the same period.
The firm also said buying the weekly straddle as a one-day earnings trade has lost money in seven straight quarters, with an average return of negative 28.8%. Even so, a trader bought 25,000 June 245/260 call spreads, signaling a bet on further upside for Nvidia.
Heavy trading also showed up in Nvidia’s May 22 weekly options, where the 230 call led volume and nearby strikes were active on both sides. Michael Kramer of Mott Capital Management said Nvidia may be set for a volatility reset after earnings as implied volatility eases.
