Home Finance Nvidia stock options ready for some fireworks after earnings

Nvidia stock options ready for some fireworks after earnings

by CoinNews

The options market is ready for Nvidia Corp.’s stock to post a bigger-than-average move in reaction to the semiconductor maker and artificial intelligence play’s earnings report, which is due after Tuesday’s close.

An options strategy known as a “straddle” is priced for the Nvidia’s stock NVDA to move $35.75 in either direction, according to data provided by Matt Amberson, principal at Option Research & Technology Services. At current prices, that represents a move of about 7.15%.

Meanwhile,…

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