Market Eyes $305B Shift In Nvidia's Market Cap As Options Pricing Forecasts 9.8% Post-Earnings Move: 'A Lot Of That Insurance Is FOMO'
Portfolio Pulse from Benzinga Neuro
Nvidia's upcoming earnings report is expected to cause a significant market cap shift, with options pricing predicting a 9.8% move, potentially impacting $305 billion. This would be the largest anticipated earnings move in history, driven by FOMO among traders.
August 28, 2024 | 10:32 am
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Nvidia's upcoming earnings report is expected to cause a significant market cap shift, with options pricing predicting a 9.8% move, potentially impacting $305 billion. This would be the largest anticipated earnings move in history, driven by FOMO among traders.
The article highlights a potential 9.8% move in Nvidia's stock price post-earnings, driven by options pricing and trader sentiment. This move could result in a $305 billion market cap shift, indicating a significant impact on Nvidia's stock price. The focus on FOMO suggests traders are more concerned about missing out on gains, which could drive the stock price up.
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