Option traders are moving this one. Implied move +/-7%, so it was in line and it jumps over 8% on bad numbers, “better than feared.” Trading 2x as high as peers and lost 29% of business in 1 year. Option traders are a virus. Short the stock at opening bell.
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Traders expect Nvidia to see a huge move on earningsSemiconductors are surging this year. The SMH ETF is up 17 percent in 2019, with a number of names in the group soaring double digits. Nvidia reports earnings Thursday, and the options market is still expecting a big move for the chip stock. Bearish signal then If positive trade was yesterday. Nvda would be better ER tonight so is the $SPY
Source: CNBC - 🏆 12. / 72 Read more »
Here come Nvidia earnings...Nvidia, the semiconductor manufacturer, was scheduled to report earnings results after the bell on Thursday.
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Nvidia Earnings: What to WatchNvidia is set to report earnings a little more than two weeks after the chip maker slashed its revenue forecast, citing slowdowns on multiple business fronts.
Source: WSJ - 🏆 98. / 63 Read more »
Nvidia stock rallies after company beats lowered earnings expectationsNote the wording...business as usual....beat on a lowered estimate and share price takes off.
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Stocks making the biggest moves after hours: Nvidia, Truecar, CBS and moreSee which stocks are posting big moves after the bell on February 14.
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