{"id":217338,"date":"2026-08-26T13:07:59","date_gmt":"2026-08-26T17:07:59","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/might-nvda-move-the-needle\/"},"modified":"2026-09-08T08:41:28","modified_gmt":"2026-09-08T08:41:28","slug":"might-nvda-move-the-needle","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/","title":{"rendered":"Might NVDA Move the Needle?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">We came into this week looking at three well-known potential market catalysts.&nbsp; The first, this morning\u2019s Core PCE report, proved not to be a market mover.&nbsp; The third is not until Friday morning, when Fed Chair Warsh delivers his address to the Jackson Hole Economic Policy Symposium.&nbsp; That leaves us focused on the second, Nvidia\u2019s (NVDA) earnings report after this afternoon\u2019s market close.&nbsp; Let\u2019s see how options markets are pricing the potential outcome.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">First, a brief digression about the PCE report.\u00a0 Core PCE is the Federal Reserve\u2019s preferred inflation measure.\u00a0 That may change in the future if the Chair can convince the FOMC to shift to capped inflation measures, but let\u2019s stay in the present.\u00a0 July\u2019s Core PCE reading came in as expected with a 0.2% monthly increase, up from last month\u2019s 0.1%.\u00a0 The headline reading was slightly worse than expected, with that also coming in at 0.2%, above the 0.1% consensus and up from last month\u2019s -0.1%.\u00a0 Frankly, neither moved the needle.\u00a0 Rate hike expectations for September reduced slightly, with the <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">CME FedWatch<\/a> showing a 38% chance for a hike.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My view all along has been that the Chair and much of the committee are loath to consider a rate hike before the midterm elections \u2013 meaning not before the December meeting \u2013 unless circumstances clearly warrant immediate inflation-fighting action.&nbsp; Today\u2019s PCE report does not suffice.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thus, it\u2019s on to NVDA in our search for a potential market mover.&nbsp; Every quarter I have stated my belief that NVDA is the single most important earnings release each quarter because (1) its timing makes it stand out, and (2) it is literally intertwined with all the other significant AI plays.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regarding point 1, while all megacap earnings have the ability to move markets, the rest of the Mag7 is often clustered together.&nbsp; In July, for example, Microsoft (MSFT) and Meta Platforms (META) reported almost simultaneously, with the index effects of MSFT\u2019s 15.5% rally blunted somewhat by META\u2019s 8% drop.&nbsp; There is little to stand in the way of NVDA\u2019s post-market reaction.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As for NVDA being intertwined with other significant AI plays, that has become increasingly obvious as the company becomes more involved with suppliers, customers, and even potential competitors.&nbsp; I\u2019ve seen the company described as the central banker to the AI business, and I believe that to be an apt description, regardless of whether you view that as cementing a key role in the industry or creating a dangerous web of interlocking deals.&nbsp; We\u2019ll learn which is the eventual outcome as time goes on.&nbsp; For now, it\u2019s about this quarter\u2019s earnings, revenues, and guidance.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regarding those numbers, expectations are for revenues around $92.1 billion, adjusted EPS of $2.09, and gross margins of a whopping 75%.&nbsp; More focus will likely be paid to guidance, which should show revenues and gross margins holding roughly steady next quarter.&nbsp; The questions will be not only whether the company can offer guidance that exceeds those figures, but also whether today\u2019s guidance exceeds the \u201cwhisper numbers\u201d that tend to exceed the published figures.&nbsp; Even so, we have seen NVDA and other companies dip after earnings even after exceeding all expectations.&nbsp; My theory is that because NVDA is already a core holding in so many portfolios, if not an overweighted one, even an across-the-board beat can\u2019t cause the flood of new institutional money required to push the stock even higher.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Looking at the options market, we see a relatively symmetrical probability distribution for contracts expiring on Friday.&nbsp; The peak of $205-$207.5 is slightly below the current $211 price, but not enough to describe it as major risk aversion.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>IBKR Probability Lab for NVDA Options Expiring August 28<sup>th<\/sup>, 2026<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"822\" height=\"278\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/08\/image-184.png\" alt=\"NVDA probability lab screenshot\" class=\"wp-image-217340 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/image-184.png 822w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/image-184-700x237.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/image-184-300x101.png 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/image-184-768x260.png 768w\" data-sizes=\"(max-width: 822px) 100vw, 822px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 822px; aspect-ratio: 822\/278;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: Interactive Brokers, past performance is not indicative of future returns.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At-money options expiring Friday show an implied daily volatility just below 6%.&nbsp; That\u2019s a bit above the 6-quarter average post-earnings move of 3.82% (-1.77%, -5.46%, -3.15%, -0.79%, +3.25%, -8.48%), but not worrisomely so.&nbsp; Skews are generally flattish around the current level, though there is a perceptible downside skew showing modest risk aversion.&nbsp; Considering that NVDA closed lower after 5 of its last 6 earnings reports, that seems prudent.&nbsp; Whether tomorrow\u2019s reaction to today\u2019s NVDA earnings will be sufficient to awaken the markets from their late-summer snooze remains an open question.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Skews for NVDA Options Expiring August 28<sup>th<\/sup> (green), September 4<sup>th<\/sup> (purple), September 18<sup>th<\/sup> (yellow)<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"920\" height=\"500\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/08\/Picture1.png\" alt=\"Skews for NVDA Options Expiring August 28th (green), September 4th (purple), September 18th (yellow)\" class=\"wp-image-217339 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/Picture1.png 920w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/Picture1-700x380.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/Picture1-300x163.png 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/08\/Picture1-768x417.png 768w\" data-sizes=\"(max-width: 920px) 100vw, 920px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 920px; aspect-ratio: 920\/500;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: Interactive Brokers<\/em>, <em>past performance is not indicative of future returns.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market mover.\u00a0 The third is not until Friday morning, when Fed Chair Warsh delivers his address to the Jackson Hole Economic Policy Symposium.\u00a0 That leaves us focused on the second, Nvidia\u2019s (NVDA) earnings report after this afternoon\u2019s market close.\u00a0 Let\u2019s see how options markets are pricing the potential outcome.<\/p>\n","protected":false},"author":4,"featured_media":10361,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[145,147,8,12,153,148,7],"tags":[],"contributors-categories":[149],"class_list":["post-217338","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ibkr-market-insights","category-north-america","category-region","category-securities","category-stocks","category-text-articles","category-traders-insight","contributors-categories-interactive-brokers"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Might NVDA Move the Needle? | Traders&#039; Insight<\/title>\n<meta name=\"description\" content=\"We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/217338\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Might NVDA Move the Needle?\" \/>\n<meta property=\"og:description\" content=\"We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market mover.\u00a0 The third is not until Friday morning, when Fed Chair Warsh delivers his address to the Jackson Hole Economic Policy Symposium.\u00a0 That leaves us focused on the second, Nvidia\u2019s (NVDA) earnings report after this afternoon\u2019s market close.\u00a0 Let\u2019s see how options markets are pricing the potential outcome.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-26T17:07:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-08T08:41:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Sosnick\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Sosnick\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Steve Sosnick\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/31988d9596575a63ddc53e92049a2549\"\n\t            },\n\t            \"headline\": \"Might NVDA Move the Needle?\",\n\t            \"datePublished\": \"2026-08-26T17:07:59+00:00\",\n\t            \"dateModified\": \"2026-09-08T08:41:28+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/\"\n\t            },\n\t            \"wordCount\": 767,\n\t            \"commentCount\": 0,\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/02\\\/nvidia-chip-featured-img.jpg\",\n\t            \"articleSection\": [\n\t                \"IBKR Insights\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/\",\n\t            \"name\": \"Might NVDA Move the Needle? - IBKR Campus EU\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/02\\\/nvidia-chip-featured-img.jpg\",\n\t            \"datePublished\": \"2026-08-26T17:07:59+00:00\",\n\t            \"dateModified\": \"2026-09-08T08:41:28+00:00\",\n\t            \"author\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/31988d9596575a63ddc53e92049a2549\"\n\t            },\n\t            \"description\": \"We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market mover.\u00a0 The third is not until Friday morning, when Fed Chair Warsh delivers his address to the Jackson Hole Economic Policy Symposium.\u00a0 That leaves us focused on the second, Nvidia\u2019s (NVDA) earnings report after this afternoon\u2019s market close.\u00a0 Let\u2019s see how options markets are pricing the potential outcome.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/02\\\/nvidia-chip-featured-img.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/02\\\/nvidia-chip-featured-img.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563,\n\t            \"caption\": \"nvidia-chip-featured-img\"\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/stocks\\\/might-nvda-move-the-needle\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Might NVDA Move the Needle?\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/31988d9596575a63ddc53e92049a2549\",\n\t            \"name\": \"Steve Sosnick\",\n\t            \"description\": \"Steve is the Chief Strategist at Interactive Brokers. He has held numerous roles in the organization since joining Timber Hill, IBKR\u2019s predecessor, in 1995 as Equity Risk Manager and an options market maker. He developed and implemented automated trading strategies for stocks and options before moving into his current role. Steve has guest authored several columns in Barron\u2019s and made numerous live on Bloomberg TV and Radio, CNBC, Yahoo Finance, Fox Business, and several other media outlets in North America, Asia, Australia, and the Middle East in addition to being quoted frequently in print and electronic media. Prior to joining Interactive Brokers, Sosnick held senior trading roles at Morgan Stanley, Lehman Brothers, and Salomon Brothers, where he completed the firm\u2019s famed training program.\",\n\t            \"sameAs\": [\n\t                \"https:\\\/\\\/ibkr.com\"\n\t            ],\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/steve-sosnick\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Might NVDA Move the Needle? | Traders' Insight","description":"We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/217338\/","og_locale":"en_US","og_type":"article","og_title":"Might NVDA Move the Needle?","og_description":"We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market mover.\u00a0 The third is not until Friday morning, when Fed Chair Warsh delivers his address to the Jackson Hole Economic Policy Symposium.\u00a0 That leaves us focused on the second, Nvidia\u2019s (NVDA) earnings report after this afternoon\u2019s market close.\u00a0 Let\u2019s see how options markets are pricing the potential outcome.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/","og_site_name":"IBKR Campus EU","article_published_time":"2026-08-26T17:07:59+00:00","article_modified_time":"2026-09-08T08:41:28+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg","type":"image\/jpeg"}],"author":"Steve Sosnick","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Steve Sosnick","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/"},"author":{"name":"Steve Sosnick","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/31988d9596575a63ddc53e92049a2549"},"headline":"Might NVDA Move the Needle?","datePublished":"2026-08-26T17:07:59+00:00","dateModified":"2026-09-08T08:41:28+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/"},"wordCount":767,"commentCount":0,"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg","articleSection":["IBKR Insights","North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/","name":"Might NVDA Move the Needle? - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg","datePublished":"2026-08-26T17:07:59+00:00","dateModified":"2026-09-08T08:41:28+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/31988d9596575a63ddc53e92049a2549"},"description":"We came into this week looking at three well-known potential market catalysts.\u00a0 The first, this morning\u2019s Core PCE report, proved not to be a market mover.\u00a0 The third is not until Friday morning, when Fed Chair Warsh delivers his address to the Jackson Hole Economic Policy Symposium.\u00a0 That leaves us focused on the second, Nvidia\u2019s (NVDA) earnings report after this afternoon\u2019s market close.\u00a0 Let\u2019s see how options markets are pricing the potential outcome.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#primaryimage","url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg","width":1000,"height":563,"caption":"nvidia-chip-featured-img"},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/stocks\/might-nvda-move-the-needle\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Might NVDA Move the Needle?"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/31988d9596575a63ddc53e92049a2549","name":"Steve Sosnick","description":"Steve is the Chief Strategist at Interactive Brokers. He has held numerous roles in the organization since joining Timber Hill, IBKR\u2019s predecessor, in 1995 as Equity Risk Manager and an options market maker. He developed and implemented automated trading strategies for stocks and options before moving into his current role. Steve has guest authored several columns in Barron\u2019s and made numerous live on Bloomberg TV and Radio, CNBC, Yahoo Finance, Fox Business, and several other media outlets in North America, Asia, Australia, and the Middle East in addition to being quoted frequently in print and electronic media. Prior to joining Interactive Brokers, Sosnick held senior trading roles at Morgan Stanley, Lehman Brothers, and Salomon Brothers, where he completed the firm\u2019s famed training program.","sameAs":["https:\/\/ibkr.com"],"url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/steve-sosnick\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/02\/nvidia-chip-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/217338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=217338"}],"version-history":[{"count":4,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/217338\/revisions"}],"predecessor-version":[{"id":217346,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/217338\/revisions\/217346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media\/10361"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=217338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=217338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=217338"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=217338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}