Nvidia Corporation (NASDAQ:NVDA) is scheduled to report quarterly earnings on Wednesday after the closing bell. The Street expectations are for earnings of $1.30 per share on a slowdown in revenue growth.
On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that there were “big trades in both directions” for the stock on Tuesday. The market is implying a move of over 10%, significantly higher than the average of 4% over the past eight quarters, he added.
