Nvidia shares have been flying higher ahead of the company’s earnings, which are due Tuesday.
One clue from the options market indicates investors aren’t quite as euphoric as they were a few months ago.
Betting on a disappointing result will cost investors a bit extra in the options market this week: The cost of bearish options tied to Nvidia shares has inched up relative to the bullish trades that have flourished for much of this year, according to Garrett DeSimone of OptionMetrics.