🔒 Nvidia's earnings report sparks $200 billion rollercoaster ride
Investors brace for a $200 billion rollercoaster as Nvidia's earnings report looms, with options signalling a potential 10.6% swing
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Investors brace for a $200 billion rollercoaster as Nvidia's earnings report looms, with options signalling a potential 10.6% swing
(Bloomberg) -- Nvidia Corp. investors may have almost $200 billion in market value riding on this week’s earnings report, according to options positioning.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Largest Covid Vaccine Study Yet Finds Links to Health ConditionsStocks Fall Before Nvidia’s Must-Watch Earnings: Markets WrapUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearPrice
The U.S. equity options market is rife with speculation about Nvidia's upcoming earnings report, which could potentially trigger a substantial movement in the stock.
Nvidia, up about 50% this year, could see its shares swing by about 11% in either direction following its quarterly results on Feb. 21, according to data from options analytics service ORATS
Nvidia is expected to post earnings of $4.56 a share, and a rise in quarterly revenue to $20.378bn