<div id="readability-page-1"><p>The options market is bracing for a big move in Nvidia (NVDA) stock after the chipmaker's earnings on May 20.</p><h3>Claim 55% Off TipRanks</h3>200% short exposure to NVDA with NVDS <p>Traders across Wall Street are positioning for a $355 billion swing in Nvidia's market value, either higher or lower, after the company delivers its first-quarter financial results. That might seem like a very large swing in NVDA stock, but keep in mind that the company's market capitalization is $5.40 trillion, making it the biggest publicly traded concern in the world. </p> <p>Options markets expect Nvidia's stock to move roughly 6.5% up or down the day after its financial results are released. The projected swing in NVDA shares would exceed the individual market value of approximately 90% of companies listed in the benchmark S&amp;P 500 index.</p> <h2><strong>Nvidia's Market Dominance</strong></h2> <p>Given its outsized market value, Nvidia holds significant sway over the entire stock market and it earnings are seen by many analysts as a test for the artificial intelligence (AI) trade that has been reignited since the end of March as investors' risk appetite has grown. </p> <p>Nvidia's stock has moved an average of 7.6% after past earnings reports, according to analytics firm Option Research &amp; Technology Services. The latest options activity on Wall Street suggests that traders remain bullish on the AI chipmaker's stock. </p> <h2><strong>Is NVDA Stock a Buy?</strong></h2> <p>Nvidia's stock has a consensus Strong Buy rating among 42 Wall Street analysts. That rating is based on 40 Buy, one Hold, and one Sell recommendations issued in the past three months. The average NVDA price target of $281.97 implies 26% upside from current levels.</p></div>

NVDA

NVDL

NVDD

NVDU

NVDY

NVDX

<p>Options traders anticipate a $355 billion swing in Nvidia's stock (NVDA) following its earnings report on May 20. With a market cap of $5.40 trillion, Nvidia's stock is expected to fluctuate by approximately 6.5%. Analysts view Nvidia's earnings as a key indicator for the AI sector, and the stock holds a consensus Strong Buy rating from 42 analysts, with a price target suggesting a 26% upside.</p>

- The options market anticipates a significant move in Nvidia (NVDA) stock following its earnings report on May 20, projecting a $355 billion potential swing in market value.  
- With a market capitalization of $5.40 trillion, Nvidia's performance is crucial as it influences the broader stock market and is seen as a litmus test for the renewed artificial intelligence trade.  
- Currently, Nvidia holds a Strong Buy consensus rating from 42 Wall Street analysts, with an average price target of $281.97 indicating a 26% potential upside.

Tip Ranks

NVIDIA

GraniteShares 2x Long NVDA Daily ETF

Direxion Daily NVDA Bear 1X ETF

Direxion Daily NVDA Bull 2X Shares

YieldMax NVDA Option Income Strategy ETF

T-Rex 2X Long NVIDIA Daily Target ETF

AXS 1.5X NVDA Bear Daily ETF

S&P 500

NVIDIA Corporation

Options Traders Expect $355 Billion Swing in Nvidia Stock (NVDA) After Earnings