Traders Expect a Big Nvidia Stock Move After Earnings—Here’s How Much

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Traders Expect a Big Nvidia Stock Move After Earnings—Here’s How Much

An Rong Xu / Bloomberg via Getty Images

Nvidia CEO Jensen Huang

Nvidia (NVDA) stock was rising on Wednesday ahead of the AI chip giant’s hotly anticipated

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Nvidia shares pared earlier gains but were still up more than 2% in late afternoon trading on Wednesday. The stock has shed more than 10% of its value since closing at an all-time high in early January but remains up more than 60% over the past year.

Nvidia holds the record for both the largest one-day increase and

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in market value, and options traders on Wednesday were positioning themselves for another sizable move in the stock.

Nvidia options pricing on Wednesday afternoon suggested traders expect shares to move roughly $10, or about 8%, in either direction during the two days after Wednesday’s earnings. That would be the stock’s largest post-earnings move since May when shares gained more than 12% in the two days after Nvidia

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Nvidia stock has retreated after each of its two most recent reports. Shares lost more than 4% in the days after its

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and almost 3% after its

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. The company’s results exceeded expectations in both of those instances, but disappointed investors who may have been looking for even larger beats.

Nvidia’s earnings come during

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. The S&P 500 and Nasdaq gave up early gains on Wednesday, and were flirting with closing lower for a fifth consecutive day. The Magnificent Seven stocks, which have accounted for a large share of the stock market’s gains over the last two years, were

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on Wednesday.

Big tech stocks have been weighed down by substantial political and economic uncertainty of late. ******** start-up

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prompted a reckoning with Silicon Valley’s AI strategy late last month, and tech stocks have struggled to shake off

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. At the same time, the economic

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has been muddled in the last month by signs of

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and the Trump administration’s

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#Traders #Expect #Big #Nvidia #Stock #Move #EarningsHeres

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