Nvidia shares set for $280 billion price swing after earnings, options show

NEW YORK, Aug 25 : Options traders are pricing in a $280 billion swing in Nvidia's market value after the company reports second-quarter earnings on Wednesday afternoon, as investors seek fresh insight into the demand driving the technology sector.The chipmaker's options are pricing in a 5.4 per cent move in either direction on Thursday, a day after the company reports results, which is below the 6.5 per cent move implied ahead of its May earnings report.The implied move translates to about $280 billion in market capitalization — more than the individual market value of about 90 per cent of S&P 500 constituents. The expected move also remains well below Nvidia's historical average price swing of 7.4 per cent over the last 12 quarters, according to analytics firm Option Research & Technolog