Nvidia earnings could spark $200 billion swing in shares, options show

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoNEW YORK : Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show.

"Volatility and expectations had been a fair amount higher the last time around," said Chris Murphy, co-head of derivative strategy at Susquehanna Financial Group. That’s not to say the upcoming earnings report is expected to be uneventful for the company’s share price.

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