Nvidia earnings: Options market was 'very correct,' expert says
StockBrokers.com Director of Investor Research Jessica Inskip joins Asking for a Trend to discuss how the options market is reacting to Nvidia's fourth quarter beat. Inskip observes that the options market was "very correct" in its Nvidia (NVDA) earnings predictions. She explains that the calculation for the options market's implied move follows a methodology similar to that of the VIX (^VIX) index. Highlighting increased market activity, she notes a 75% rise in total options volume over the past year. However, she emphasizes that when interpreting this data: "We have to look a lot in the detail, and it is only ever so slightly bullish, which is exactly what we're seeing after hours," in regards to Nvidia. Watch the full video above to hear InSkip's top options investing strategy regarding Nvidia. Watch Yahoo Finance's full Nvidia earnings special here. This post was written by Angel Smith