According to data from U.S. options markets, traders are anticipating a significant move in Nvidia’s stock following the company’s recent earnings report. While expectations for volatility are not as high as they have been in previous instances, there is still a sense of uncertainty surrounding the outcome.
Nvidia, a major player in the chipmaker industry, reported their earnings on Wednesday which has led to speculation among traders about the potential impact on the company’s stock price. The data from options markets indicates that traders are bracing themselves for a sizable shift in Nvidia’s share value.
In the past, Nvidia has been known to experience large fluctuations in its stock price following earnings reports, leading to heightened expectations for volatility. However, the current sentiment seems to suggest that traders are not anticipating as extreme of a movement this time around.
Overall, the anticipation surrounding Nvidia’s earnings report has sparked interest among traders who are closely monitoring the situation. The data from options markets provides insight into the expectations for volatility and potential outcomes for the chipmaker’s stock in the near future.
Article Source
https://www.reuters.com/technology/nvidia-earnings-could-spark-200-billion-swing-shares-options-show-2024-05-21/