Nvidia (NVDA.US) will release its Q4 2024 financial report today after the close of trading on Wall Street. The report for the calendar period from November 2023 to January 2024 will be released around 09:20pm GMT and will show whether the company's results are in line with the AI trend that has pushed the company's shares to record levels. The company is having a weak session today, with its shares losing more than 3%.
Today's declines are largely due to a change in investor positioning in the options market. An increase in the involvement of market sellers (for speculative/hedging purposes) has pushed the put/call ratio down to 0.64. However, it is worth mentioning that back at the beginning of February, this option positioning indicated a ratio of 0.57.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app- Nvidia (NVDA.US) Put/Call: 309.43K/4482.52K Net Option Delta Today = -619.50K shares
- Rivian (RIVN.US) Put/Call: 66.16K/104.91K Net Option Delta Today = 153.07K shares
- Lucid (LCID.US) Put/Call: 36.99K/49.12K Net Option Delta Today = -176.77K shares
Expectations for Nvidia's fiscal Q4 financial results. Source: Bloomberg Finance LP, XTB Research
Beating them and raising annual forecasts may be necessary to maintain bullish momentum in the broad market. Implied volatility indicates a resultant variance of +/- 10%, or a change in the company's capitalisation of around $166bn.
Source: xStation
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
