Nvidia options show traders positioned for outsized share move after earnings


FILE PHOTO: A Nvidia logo is seen on one of their products on display at their headquarters in Taipei, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo

NEW YORK (Reuters) - Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the close on Wednesday, options market data showed.

Nvidia options imply a nearly 11% swing for the shares, in either direction, by Friday, according to Trade Alert data.

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