Nvidia Corp.’s stock has been on a monster run this year. Can the rally keep going after Tuesday afternoon’s earnings report?
Shares of Nvidia NVDA are up 242% so far in 2023, though they’re off 0.8% Tuesday with about an hour left of trading. While Nvidia’s stock barely budged after the company’s prior earnings report, the options market suggests there could be some fireworks this time, with the “straddle” priced for a move representing about 7.1% in either direction.
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