Options data suggests that Nvidia's stock price may fluctuate by 8.5% after the release of its quarterly earnings report

2024-11-20 20:06:43
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ChainCatcher news, according to Jinshi reports, Nvidia's earnings report will be released after the close of the U.S. stock market on Wednesday. Options analysis service provider ORATS indicates that Nvidia's options imply the company's stock price will experience an 8.5% up and down fluctuation after the earnings report is announced. This is consistent with the percentage fluctuations observed in the past 12 quarters following earnings announcements.

However, as the market capitalization of this artificial intelligence chip manufacturer grows to $3.44 trillion, the expected market cap fluctuation is approaching a historical maximum of about $292 billion. Nvidia's stock price fluctuations after earnings releases are typically lower than market expectations. However, ORATS founder Matt Amberson stated that unexpected fluctuations are often upward.

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