Will Nvidia stock rise or fall after earnings? Options price $280b swing

Nvidia investors are preparing for a major stock move after the company reports its second-quarter earnings on Wednesday afternoon. Options traders are pricing in a 5.4% move in Nvidia stock in either direction on Thursday.

That means Nvidia shares could rise or fall by around 5.4% after the earnings report. The expected move would change Nvidia’s market value by about $280 billion. Investors are closely watching the results because they want fresh clues about demand for AI chips and the strength of the wider technology sector, according to Reuters.