High energy ahead! The options market shows that Nvidia's financial report may trigger a market value fluctuation of $200 billion
楚一帆
发表于 2024-5-21 18:57:20
215
0
0
On Thursday morning (May 23) Beijing time, American chip company Nvidia will release its performance report for the first quarter of the fiscal year 2025 as of April 28, 2024; A conference call will also be held at 05:00 in the morning.
On Monday, Nvidia closed up 2.49%, driving the Nasdaq to a new historical high, while the Dow Jones Industrial Average, excluding Nvidia, fell nearly 0.5%. As the backbone of the technology sector and even the entire US stock market, Nvidia's performance is an important indicator of artificial intelligence, to the extent that analysts at Goldman Sachs previously referred to it as "the most important stock on Earth.".
Currently, traders are pricing the potential volatility of Nvidia's stock price. According to data from option analysis company Trade Alert, the unilateral volatility of the stock may reach 8.7%, which is equivalent to a market value fluctuation of over 200 billion US dollars. This number is larger than the total market value of nearly 90% of companies in the S&P 500 index.
By conventional standards, the unilateral fluctuation of $200 billion is enormous. But judging from the performance of Nvidia's stock price after releasing financial reports in recent years, it can only be said to be average. According to Trade Alert calculations, the average expected first day volatility of traders over the past eight quarters is 12%.
On February 22 of this year, the first trading day after the last financial report was released, Nvidia's stock price surged by 16.4%, higher than Trade Alert's estimate of 13.8% at the time.
Chris Murphy, Co Head of Derivatives Strategy at Susquehanna Financial Group, a US investment firm, stated that both expected and actual volatility were quite high at the time.
On May 25, 2023, a year ago, Nvidia surged by 24.4% on the trading day after its financial report, which was more than twice the 10.9% expected by Trade Alert. However, at that time, the company's total market value had not yet exceeded $1 trillion, so when converted to market value, it was still slightly lower than the expected $200 billion.
Matt Amberson, founder of options analysis service company ORATS, pointed out that Nvidia's annual increase has been significant, but traders have not become too conservative. But Amberson added that traders expect the upward trend to be as dramatic as the downward trend.
As of Monday's close, Nvidia's stock price has returned to near historical highs, with a cumulative increase of over 91% since the beginning of the year and a market value exceeding $2.33 trillion. It is the third most valuable listed company in the world, second only to Microsoft and Apple. Wall Street has found that in addition to driving the upward momentum of software giants, Nvidia's influence is becoming increasingly widespread.
Bank of America strategists wrote in a report on Monday that the role of AI is expanding to include electricity, commodities, and utilities, and Nvidia no longer represents just one company. The bank expects Nvidia to drive an 11% profit growth in the S&P 500 index over the next 12 months, compared to a 37% increase in the past 12 months.
According to data from the London Stock Exchange Group (LSEG), the market expects Nvidia's quarterly revenue to increase from $7.19 billion a year ago to $24.65 billion, with earnings per share reaching $5.59.
Regarding this, Steve Sosnick, Chief Strategist at Yingtou Securities, stated that if the performance falls short of expectations, it may dampen the enthusiasm for AI concept trading.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Nvidia's first two new AI hardware models make their debut before the release of its third quarter report
- Over 10000 Nvidia Blackwell chips have been delivered to Huang Renxun in response to tariff issues
- Financial analysis: Nvidia's Q4 performance guidance falls short of the highest expectations, and the stock price fell more than 5% after the market closed
- Global Finance: Market pays attention to Nvidia's performance. The three major stock indexes of the New York Stock Exchange fluctuated on the 20th
- Nvidia's Q4 performance guidance fell short of the highest expectations, and its stock price fell more than 5% after hours
- Nvidia's third quarter revenue reached $35.082 billion
- NVIDIA's performance growth slows down, Huang Renxun steps in to 'appease' the market! Analyst: Investors Underestimate Demand for Blackwell Chips
- Nvidia's Q4 performance guidance falls short of the highest expected stock price, with a drop of over 5% after the market closed
- The stock price has skyrocketed by 33%! Snowflakes overshadow Nvidia analysts: AI software outperforms semiconductors or trends
- The three major US stock indices collectively closed higher, while the Dow Jones Industrial Average rose more than 1%. Nvidia's stock price hit a new intraday high
-
11月21日、2024世界インターネット大会烏鎮サミットで、創業者、CEOの周源氏が大会デジタル教育フォーラムとインターネット企業家フォーラムでそれぞれ講演、発言したことを知っている。周源氏によると、デジタル教 ...
- 不正经的工程师
- 昨天 16:36
- 支持
- 反对
- 回复
- 收藏
-
アリババは、26億5000万ドルのドル建て優先無担保手形と170億元の人民元建て優先無担保手形の定価を発表した。ドル債の発行は2024年11月26日に終了する予定です。人民元債券の発行は2024年11月28日に終了する予定だ ...
- SOGO
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
スターバックスが中国事業の株式売却の可能性を検討していることが明らかになった。 11月21日、外国メディアによると、スターバックスは中国事業の株式売却を検討している。関係者によると、スターバックスは中国事 ...
- 献世八宝掌
- 前天 16:29
- 支持
- 反对
- 回复
- 收藏
-
【意法半導体CEO:中国市場は非常に重要で華虹と協力を展開】北京時間11月21日、意法半導体(STM.N)は投資家活動の現場で、同社が中国ウェハー代工場の華虹公司(688347.SH)と協力していると発表した。伊仏半導体 ...
- 黄俊琼
- 前天 14:29
- 支持
- 反对
- 回复
- 收藏