Nvidia Options Signal Nearly $200 Billion Swing After Earnings

Nvidia Corp. investors may have almost $200 billion in market value riding on this week’s earnings report, according to options positioning.

Prices for short-term calls and puts imply a 10.6% move in the chipmaker’s shares on Thursday, the session after its earnings report, according to data compiled by Bloomberg. That would sway Nvidia’s market capitalization by some $180 billion, one of the largest single-session moves on record, still trailing records set by Meta Platforms Inc. — holder of both the biggest one-day drop and largest single-session gain.