Nvidia is set to release its earnings report this Wednesday, with traders betting that its stock will fluctuate by 12% after the report is made public.

BlockBeats News, November 18th, data from the Chicago Options Exchange shows that traders are betting on NVIDIA's stock to rise or fall by about 12% on the next trading day after the earnings report, causing a market value 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 typically fluctuated by over 9% after the report.

It is reported that investors are preparing for a significant rise in NVIDIA's stock once again. They are actively purchasing options contracts that will bring returns if NVIDIA's stock price rises by over 10% this week. (Jinse)