Options traders anticipate Nvidia shares could rise or fall by about 7.4% the day after its May 28 earnings release, Bloomberg data show.
That expected move is below the 11.3% average intraday swing recorded after the last eight reports, suggesting slightly calmer waters.
Recent Earnings History
In February, Nvidia stock whipsawed 11.4% intraday after fourth-quarter results beat estimates but revealed a softer gross-margin outlook.
Shares initially fell 8.5% before rebounding 2.8% the following session.
Scenario Grid
A 7.4% implied move leaves room for varied outcomes.
Traders envision possibilities such as a 5.4% gain paired with a 2% drop, or a 4% loss against a 3.4% rise, depending on post-print sentiment.
Long-Term Payoff
Despite headline volatility, buy-and-hold investors have reaped outsized gains.
Yahoo Finance data show a nearly 120% median return for those who purchased before earnings and held for a year over the past decade.
Macro Backdrop
This quarter arrives amid concerns that cheaper AI accelerators from Chinese startup DeepSeek could temper Big Tech’s appetite for Nvidia’s premium hardware.
Trade-policy shifts under the Trump administration and signs of a slowdown in Microsoft’s data-center capex add further uncertainty.
Even so, AI demand remains robust in many verticals, and bulls argue that any post-earnings dip could offer a fresh entry for long-term exposure.