
It’s another reasonably quiet week for earnings in terms of the number of companies reporting, but we do have some highly anticipated releases from Nvidia (NVDA), Marvell Technology (MRVL), Snowflake (SNOW), Crowdstrike (CRWD) and Alibaba (BABA).
Before a company reports earnings, implied volatility is usually high because the market is unsure about the outcome of the report. Speculators and hedgers create huge demand for the company’s options which increases the implied volatility, and therefore, the price of options.