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Nvidia (symbol logo$NVDA) reports earnings Wednesday, with options markets pricing in a 5-7% move. How do you think the stock reacts?

Nvidia ($NVDA) reports earnings Wednesday, August 26, with options markets pricing in a roughly 5-7% post-earnings move. How do you think Nvidia's stock reacts to earnings? Vote and explain your reasoning in the comments.
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Fearofpop
depends on what the KOSPI does
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Dowecheatemnhow
I think the same classic scenario will play out as last time: buy the rumor, sell the news. If you’re a shareholder, prepare to sell during after market hours as they typically report after the bell.
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Rajeet69
dump gotta rug retail
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Wadjet
symbol logo$NVDA is at Hot Chips, right? Along with AMD, Intel, and a bunch of other big names. I suspect Hot Chips as a conference is a better catalyst than Nvidia's Earnings alone. But if both act as a catalyst at roughly the same time, then it could indeed rally, especially if the Hot Chips event is targeted towards institutionalized investors.
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Seth_Mann
AMFN has the world's first Fusion engine ready for commercialization
gadittri
over hyped 5 trillion market cap that doesn't even produce its own chips.
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MeatHeadMagee
ALL ABOUT CAPX, IF CAPX IS PROJECTED HIGHER THAN LOOK OUT BELOW
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Crumbgrabber
This is gonna end badly, just like the last time I tried bargain bin lettuce in my taco.
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Elkavibes
they take these stocks to +400-500 just to push retail/normal people into Leverage and then baaaammm... As long as retail is not learning to stay away from stocks with such prices, they'll do it again and again and again
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