投资者正在为 $NVIDIA (NVDA.US)$ 股票再次大幅上涨做准备。他们正在大量购买期权合约，如果本周英伟达股价上涨超过10%，这些合约将带来回报。

Nvidia recently regained the title of the world's largest publicly traded company by market cap, with its stock price more than doubling in 2024, following a more than two-fold increase last year. This is due to the crucial role of its graphics processors in building artificial intelligence systems, including generative artificial intelligence like the technology behind OpenAI's ChatGPT.

nvidia's earnings report day (after hours on November 20 Eastern Time) has become a major event on Wall Street, with an influence on the broader market comparable to that of federal reserve meetings and significant economic reports, sparking numerous high-risk bets on the future trends of US stocks.

Investors' enthusiasm for artificial intelligence drove the stock market surge in the first half of this year. By autumn, the market's fervor has subsided, as investors are becoming skeptical of large tech companies' massive spending in the field of artificial intelligence.

$Cboe Global Markets (CBOE.US)$Data from the global market shows that in recent days, some of the most actively traded options contracts for nvidia are call options linked to the stock price rising to $155 and $162.50. Nvidia's stock price closed at $141.98 last Friday, and call options give investors the right to buy stocks at a specific price on a specific date.

Nvidia's stock often experiences intense volatility after earnings reports are released, and traders are betting that this scenario will happen again.

Data from the Cboe Global Markets shows that traders are betting Nvidia's stock will rise or fall by about 12% on the next trading day following the earnings report, resulting in a market cap fluctuation of about $407 billion. Vishal Vivek, stock and derivatives trading strategist at Citigroup, stated that based on Nvidia's past eight earnings report days, its stock price has averaged over 9% post-earnings report volatility.

The explosive growth of this chip manufacturer has made it one of the most popular options trading choices. Data from cboe global markets shows that as of last Wednesday, the options premium (options contract price) for nvidia this year has reached about $504 billion. $Apple (AAPL.US)$ 、$Amazon (AMZN.US)$This exceeds that of Alphabet, $Advanced Micro Devices (AMD.US)$And$Meta Platforms (META.US)$The total.

IG North America CEO JJ Kinahan stated that his clients are paying attention to whether the demand for NVIDIA's Blackwell chips is still strong. "Everyone wants to know if the demand can keep up with the hype," Kinahan said. "It is generally believed that this is achievable."

NVIDIA is expecting robust performance for its third-quarter results. Analysts surveyed by FactSet expect sales to be around $33 billion and profit to be $17.4 billion, compared to $18.1 billion and $9.2 billion respectively in the same period last year.

However, some market strategists are concerned that NVIDIA will continue to face challenging performance growth, making it difficult to impress investors. After the last earnings report in August, the stock price fell by 6.4% on the trading day, despite outperforming expectations, but to a lesser extent than in previous quarters.

Moreover, the stock's rise has been so rapid that some investors are cautious about its future performance. NVIDIA's price-to-earnings ratio is about 36 times the expected earnings for the next 12 months, higher than the approximately 34 times at the beginning of 2023.

Mishelle Orrego has been using call options to bet on the rise of NVIDIA before the earnings report. The 21-year-old student at the University of Georgia majoring in computer science with a focus on artificial intelligence said that the help of NVIDIA's GPU convinced her that there is still room for the stock to rise. However, she decided not to make any more bets expiring last week, but she does plan to buy or sell stocks based on the returns. She said, "It's good not to be too greedy."

Make good use ofthe earnings report season opportunity sectionto quickly glance at various indicators and discover investment opportunities in options before and after performance!

Editor/rice