Nvidia options imply 350 billion dollar market swing
Options traders anticipate a 6.5 percent move in Nvidia shares after Wednesday's earnings. This implies a 350 billion dollar shift in market capitalization.
Xurve View
Insights:
Xurve View
NVIDIA CORP options price a $350 billion market value swing following its first-quarter earnings report on Wednesday. The implied 6.5% price move exceeds the market capitalization of 90% of S&P 500 constituents. Traders are balancing bullish upside bets with increased hedging to protect year-to-date gains of 19%.
