From Yahoo Finance: 2024-05-20 23:31:00

Nvidia’s upcoming first-quarter earnings report has the potential to impact the entire stock market, with its revenue and profits fueling much of the S&P 500 growth in the past year. Investors are closely watching the results as current options pricing suggests an 8.5% move in the stock after earnings. Bank of America recommends hedging against this risk by buying call or put options directly on Nvidia rather than broader indices like the S&P 500. This strategy offers better value and lower costs due to Nvidia’s strong liquidity and trading interest. The market awaits Nvidia’s report to see its broader implications.



Read more at Yahoo Finance: Bank of America details the best hedge for a big stock-market move on Nvidia earnings