Nvidia Traders Brace for Potential $300 Billion Earnings Move
- Options-implied move for Nvidia after earnings is about 8%
- Quarter is complicated by uncertain timing of Blackwell chips
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With Nvidia Corp. due to report an unusually complex quarter as the world’s most valuable company, traders are preparing for a potentially mammoth stock swing.
The options-implied move for Nvidia shares the day after earnings is about 8% in either direction, according to data compiled by Bloomberg. That would equate to close to a $300 billion swing in market value — bigger than all but 25 companies in the S&P 500 Index. And according to strategists at Bank of America, the report carries more risk for the benchmark than the next Federal Reserve meeting or inflation data.