Nvidia shares set for $350 billion price swing after earnings, options show

Traders are pricing in a $355 billion swing in Nvidia's market value after the company reports first-quarter earnings on Wednesday, according to options positions that indicate the market is ‌still bullish on the AI giant while keen to protect gains. The chipmaker's options imply a move of about ‌6.5% in either direction on Thursday, a day after the company reports results. That would translate into a swing of roughly $350 billion in market capitalization - more ​than the individual market value of about 90% of S&P 500 constituents.