Nvidia reports 88% jump in revenue: What should you know?
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RIPPER
joined discussion · Aug 23, 2023 00:21
Puts gonna pay huge on NVDA…..I expect a big drop like TSLA after previous earnings
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dwarrior : Pump and dump … maybe
OceansWave : U never know.. if a bad statement or guidance given, no matter how good earnings after.. it will flush down the drain.. I would say it’s a 50% chance it might happen.. nevertheless Jenson Huang seems a better speaker than Elon musk.. he might be able to pull it through..
The most tricky piece is that what is the guidance they will give for handling trade restrictions to China.. it’s been an ongoing challenge and Biden keeps adding more and more of these restrictions
RIPPER OP dwarrior : They definitely pumped it up yesterday… Pumped it up yesterday mid retail think it was going up, but more importantly, pumping it up yesterday dramatically reduce the cost of put options. The ones I picked up yesterday we’re up 75% when NVDA was less than 1% red early in the morning.