Nvidia shares set for US$280 billion swing ahead of earnings
Options traders are pricing in a US$280 billion swing in Nvidia's market value after the company reports second-quarter earnings on Wednesday, Channel NewsAsia reports.
The chipmaker's options are pricing in a 5.4 per cent move in either direction on Thursday, translating to about US$280 billion in market capitalisation, according to analytics firm Option Research & Technology Services, Channel NewsAsia business reports.