Nvidia options show traders positioned for outsized share move after earnings

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

By Saqib Iqbal Ahmed NEW YORK (Reuters) - Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares ...

Missing dog scam red flags | SaltWireNEW YORK - Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the close on Wednesday, options market data showed.

Nvidia options imply a nearly 11% swing for the shares, in either direction, by Friday, according to Trade Alert data. A move of that magnitude would be larger than the 8.6% average swing on the day after the chipmaker's results over the last eight quarters, but still well below the 24.4% jump after the last earnings report.

The stock has gained about 11% in the last seven sessions, taking its year-to-date gains to about 210%, and has drawn options bets on further gains. For contracts expiring this week, Nvidia call options that would make money if the stock climbed more than 9% by Friday to above $500, were the largest block of open options, with some 19,000 contracts open."A lot of good news is baked into this," Steve Sosnick, chief strategist at Interactive Brokers, said.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 45. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Futures climb as focus shifts to Powell at Jackson Hole, Nvidia earnings(Reuters) - U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues on interest rates from an ...
Источник: SaltWire Network - 🏆 45. / 63 Прочитайте больше »

Nvidia earnings will be major test for AI demand, market rallyA blistering rally in its shares means it has little room for any earnings-related disappointment
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Nvidia earnings will be major test for AI demand, market rallyBy Chavi Mehta (Reuters) - Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on ...
Источник: SaltWire Network - 🏆 45. / 63 Прочитайте больше »

Jackson Hole, Nvidia earnings, Tropical storm Hilary: 3 ThingsThe 10-year Treasury yield continues to surge ahead of Fed Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium this week. Semiconductor producer Nvidia (NVDA) is set to report earnings after the closing bell on Wednesday, August 23. Tropical storm Hilary makes landfall over California as flood warnings coincide with an earthquake that shook up the West Coast state. Yahoo Finance's Julie Hyman breaks down several of the top stories this morning.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Nvidia & retail earnings, Jackson Hole: What to watch this weekThere will be a lot of interest in Nvidia's (NVDA) second quarter earnings on Wednesday. Investors will also be eyeing results from Macy's (M), Lowe's (LOW), Peloton (PTON), Gap (GPS), Toll Brothers (TOL), and Dollar Tree (DLTR). There is some key housing data on tap Tuesday and Wednesday. The big event of the week though is Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium on Friday. Yahoo Finance Reporter Josh Schafer breaks down the events investors need to be watching this week. 
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Nvidia is a must-own tech stock ahead of earnings release: AnalystAhead of Nvidia Corp.’s next set of earnings, one analyst says the stock is a must-own for any tech fund while predicting the stock to hit US$800.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »