Nvidia shares set for $350-billion price swing after earnings, options show
Traders are anticipating a significant price swing in Nvidia's market value following its upcoming earnings report. The options market indicates a potential move of about 6.5 percent, translating to a $350 billion change in market capitalization. Despite some concerns about AI capital expenditures, investor sentiment remains bullish on Nvidia's prospects.
- ▪Traders are pricing in a $355 billion swing in Nvidia's market value after its earnings report.
- ▪The options imply a move of about 6.5 percent in either direction, translating to a $350 billion change.
- ▪Nvidia's shares have gained 19 percent this year, outpacing the S&P 500's 8 percent increase.
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- ▪ Nvidia options signal $355 billion market value swing ahead of earnings — Investing.com — News
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountTraders are pricing in a US$355-billion swing in Nvidia’s (NVDA-Q) market value after the company reports first-quarter earnings on Wednesday, according to options positions that indicate the market is still bullish on the AI giant while keen to protect gains.The chipmaker’s options imply a move of about 6.5 per cent in either direction on Thursday, a day after the company reports results.That would translate into a swing of roughly US$350-billion in market capitalization - more than the individual market value of about 90 per cent of S&P 500 constituents.
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