Nvidia shares set for $280 billion price swing after earnings, options show

NEW YORK: Options traders are pricing in a $280 billion swing in Nvidia’s market value after the company reports second-quarter ​earnings on Wednesday afternoon, as investors seek fresh ​insight into the demand driving the technology sector.

The chipmaker’s options are pricing in a 5.4% move ​in either direction on Thursday, a day after the company reports results, which is below the 6.5% move implied ahead of its May earnings report.

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