Options traders are pricing in a $300 billion swing in Nvidia shares after the chip giant posts its results for the third quarter on Wednesday.
Nvidia investors are expecting volatile moves in the stock after company reports earnings.
Traders are pricing in a $300 billion, or an 8% swing, according to options data compiled by Bloomberg.
All eyes will be on the firm’s future guidance for Blackwell, its next-generation AI chip.
Nvidia investors are gearing up for volatile moves in Nvidia stock after the chip titan reports earnings, with markets pricing in an 8% stock swing after the results, according to data compiled by Bloomberg.
The swing would imply a $300 billion gain or loss in market value. The total market cap of the stock measured in at $3.5 trillion around 10:30 a.m. on Tuesday.
The chipmaker, which is scheduled to report earnings after the closing bell, was down 1.8% Tuesday morning, with traders eyeing little room for error as the world’s largest company by market cap trades around record highs.
Investors are expecting the firm to report $33 billion in revenue for the third quarter, which would mark an 83% increase from the same quarter last year.
